Losses from protests in Chile from October to December 2019 are expected to cost (re)insurers between $3bn and $4bn...
- Insurance Insider / Article / 14 days ago
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Iran tensions prompt rebound in marine war rates
Heightened geopolitical tensions between the US and Iran have prompted a rebound in marine war premiums, according to market sources...
- Insurance Insider / Article / 15 days ago
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War insurers set to pay for plane hull with Iran admission
Aviation war insurers on risk for Ukrainian International Airlines flight 752 are set to pay out for the loss of the aircraft’s hull now that Iran has admitted to its...
- Insurance Insider / Article / 15 days ago
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Aviation market fears claims dispute over Iran jet crash
Underwriters in the aviation war and all risks insurance market are anticipating a complicated claims settlement process after a Ukrainian jet yesterday crashed in Iran...
- Insurance Insider / Article / 19 days ago
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It is unclear whether the loss will fall on the airline’s all-risks policy or war policy...
- Insurance Insider / Article / 20 days ago
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Castel sells political violence MGA Newbridge to Optio
Arch-owned MGA platform Castel Underwriting Agencies has sold political violence specialist Newbridge Risk Partners to Optio for an undisclosed amount...
- Insurance Insider / Article / 26 days ago
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Canopius to write £30mn trade political risk next year: de Haldevang
Canopius’ new trade political risk unit aims to write around £30mn ($39mn) in business next year, according to head of credit, political and crisis management Bernie de Haldevang...
- Insurance Insider / Article / 1 month ago
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Mapfre says typhoons, Chile riots to hit FY profit by up to $155mn
Mapfre has warned that typhoons Faxai and Hagibis, as well as the Chilean riots, will hit 2019 profit by between EUR130mn and EUR140mn ($144mn and $155mn)...
- Insurance Insider / Article / 1 month ago
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Chilean black swan is an opportunity for the political violence market
A protest movement started by Chilean schoolgirls has taken the market by surprise...
- Insurance Insider / Article / 2 months ago
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Chubb leads $76mn-plus Cencosud riot loss
Chilean supermarket chain Cencosud is the latest retailer to submit a sizeable claim on its property policy after civil unrest swept the country over the last two months, The Insurance Insider understands...
- Insurance Insider / Article / 2 months ago
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