Greek shipowners and insurers have limited presence on Russia’s eastern seaboard, where oil is selling above the Western price cap, driving trade bifurcation and rise of ‘dark fleet’ of anonymously owned, vintage tankers

Marine mutual becomes latest International Group affiliate to bring combined ratio below 100% 

Doubling lines such as offshore energy, strike and delay, hull and machinery, coastal and inland and fishing and aquaculture will provide diversification away from pure P&I book, joint managing directors argue

Ukraine conflict fallout will challenge shipping in year ahead, with threat of collateral damage on civilian shipping in or around war risk area remaining high, insurer warns

Roberts-Mills will develop Axa XL’s global energy transition strategy to help clients transition to net zero

Specialty insurer promotes Mackey and Cozon to lead the business’s London market energy offering

Marine, energy and renewables will be brought under one operating structure led by Ben Kinder

Green Solutions portfolio will focus on sectors with proven and emerging technologies in areas such as photovoltaic, wind, and carbon capture and energy storage

Specialty re/insurer swoops on Axis Capital's Hartley to lead new London-based unit that will initially write non-proportional business

Extreme weather has long been a costly issue for aviation insurers, yet in recent years the combination of mass groundings and more extreme weather events has significantly increased parked aircrafts’ exposure to extreme weather

Reinsurers concerned about future profitability amid prior-year loss deterioration and claims stemming from the war in Ukraine, as capacity for war risks cover slashed by one third, Gallagher warns

Specialty insurer will initially offer general aviation policies through brokers via Aviation IQ platform

Insurer hires former Chubb Asia-Pacific executive Glen Browne to support international expansion strategy

Former Hiscox chief executive Bronek Masojada is assuming the chair at a pivotal stage in the Bermuda-based carrier’s development

Upgrade reflects Bermuda-based re/insurer’s improved business profile assessment, supported by ‘continued enhancement’ of its product diversification, scale and profitability

Positions created to address the ‘unique needs’ of insurer’s wholesale and retail business models

Nine out of 10 businesses reported a political risk loss in the last year, up from one third in 2020, a survey by WTW found

Specialty re/insurer says there has been a sharp fall in foreign exchange reserves that has ‘raised the spectre’ of governments failing to pay foreign suppliers

The riots in South Africa in July 2021 resulted in significant property damage that took a heavy toll on Sasria, the state-backed political violence insurer, and also spread into the international political violence markets. With national elections looming in 2024, could the political violence market cope with another potential outbreak of civil unrest?

Contract frustration notional capacity up 20% year-on-year to $4bn, while political violence capacity climbs 15% to $4bn, survey by WTW finds 

Broker continues expansion of crisis management practice with hire of Aon’s executive director of North American terrorism

London market-backed facility is a more flexible alternative to the US government’s backstop programme, MGA says

Andrew Bauckham described as 'one of the most respected figures in the terrorism insurance market'

Review provides a roadmap for the strategic direction of the terrorism mutual