Specialty
Owners have legal duty to seek release of ransomed crews
War risk, hull and machinery or kidnap and ransom cover will normally foot the bill, with cargo contributing through general average, experts say
Marsh names van Leuven Netherlands marine broking director
Global broker hires Talbot Underwriting and AIG UK head of marine
Somalia piracy resurgence makes kidnap and ransom cover necessary
When vessels are hijacked, the human beings on board are not always as well insured as the contents of a bulker’s holds
Vivace Insurance Partners launches US logistics MGA
Los Angeles-based managing general agent will provide marine and logistics insurance across North America
Aon urges joined-up approach to funding clean energy
Broker’s global head of climate says financial institutions are crying out for risk experts to help them fund transition to net zero
Insurers under pressure from risk managers on energy transition coverage
Buyers complain adequate cover is hard to find, while underwriters want greater transparency and to be more involved in projects
Price Forbes expands energy and renewables team
Specialty broker makes senior hires from Miller
Axis energy transition syndicate given full approval
Lloyd’s syndicate 2050 will begin writing business in April
Viewpoint: Turbulence ahead for the aviation insurance market
The frequency of catastrophic aviation losses has slowed in recent years but their severity has increased
Acrisure launches aerospace division
The new division brings together several Acrisure businesses under the leadership of managing partner, Jason Riley
Rokstone expands US aviation team with three hires
Managing general agent hires industry experts from AIG, Starr and Lockton
PartnerRe names Strasser head of aviation
Bermuda-based carrier appoints long-standing company executive William Strasser to succeed Benjamin Weber
CFC enters carbon insurance market
Specialty MGA launches product to insure against the non-delivery of carbon credit futures
Chubb launches global transactional risk platform
Insurance giant hires Fusion Specialty’s Cowen to lead initiative in London
Agile receives approval for syndicate-in-a-box
Syndicate 2427 will access niche business the Lloyd’s market is ‘unable to write affordably’ at present
IQUW set to roll out underwriting workbench: Young
Property and specialty re/insurer’s Bermuda chief executive and global head of reinsurance, Stephen Young, describes the company's approach to people, technology and data
Viewpoint: Black flag on the high seas
Supply chains are at increased risk of interruption by hostile actors, with Houthi attacks in the Red Sea forcing shipowners to reroute vessels
Viewpoint: Assessing risks in a big year for African democracy
With at least 18 elections scheduled to take place this year in Africa, insurers will need to keep an eye on risk dynamics and the profiles of insured assets and policy contracts
Marine insurers face extra due diligence in Russia oil price cap crackdown
From February 20 pre-voyage attestations required for all tankers calling at Russia, affecting about 41% of tankers covered by Western insurers, a proxy for price cap compliance, based on January callings
Canopius names head of structured credit
Specialty re/insurer hires Volante Capital’s Deftereos in a series of appointments to expand global credit and political risk team
Viewpoint: Assessing risks in a big year for African democracy
With at least 18 elections scheduled to take place this year in Africa, insurers will need to keep an eye on risk dynamics and the profiles of insured assets and policy contracts
Legal Focus: Insurers have limited time to respond to Martyn's law consultation
The widening gap between standard- and enhanced-tier premises as defined by the bill could affect insurers
Big Interview: Move to treaty will return terrorism risk to private sector: Pool Re CEO
Change in terrorism reinsurance scheme is in line with how the UK government sees the market evolving, Pool Re’s Tom Clementi says
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.