On its 20+ year journey to becoming an integral component of the global (re)insurance market, the $100bn ...
MPs to probe Lloyd's compliance head on Russia sanctions regime
An influential body of MPs is to probe a host of industry executives, including the head of financial crime and compliance at Lloyd's, on whether...
An influential body of MPs is to probe a host of industry executives, including the head of financial crime and compliance at Lloyd's, on whether...
Article / 16 hours ago
WTW's Drummond: NA clients “trading largely in a buyer's market” with prevalent capacity
Commenting on the release of WTW's latest forecasts for North America commercial insurance rate changes, Jon Drummond has suggested that it is now “a...
Commenting on the release of WTW's latest forecasts for North America commercial insurance rate changes, Jon Drummond has suggested that it is now “a...
Article / 4 days ago
BPL bolsters European and US teams with Marsh's Thomas
Specialist credit and political risk insurance broker BPL has appointed Lizzie Thomas as a director to bolster its European and US teams....
Specialist credit and political risk insurance broker BPL has appointed Lizzie Thomas as a director to bolster its European and US teams....
Article / 13 days ago
ASR commences underwriting at ~£70mn Apollo-managed Syndicate 2454
Pan-African reinsurance group Africa Specialty Risks has formally launched its Lloyd's Syndicate 2454, managed by Apollo Syndicate Management and...
Pan-African reinsurance group Africa Specialty Risks has formally launched its Lloyd's Syndicate 2454, managed by Apollo Syndicate Management and...
Article / 15 days ago
Insurer in Full: MSC Aries seizure adds to marine war headwinds as Iran-Israel tensions escalate
The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwinds for the marine war market as tensions continue to escalate in the Middle East...
The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwinds for the marine war market as tensions continue to escalate in the Middle East...
Article / 27 days ago
Taiwan quake: a reminder of the major BI risk in the semiconductor supply chain…
Rescue efforts are continuing in Taiwan after the country suffered its strongest earthquake in 25 years while people headed to work and school early on Wednesday....
Rescue efforts are continuing in Taiwan after the country suffered its strongest earthquake in 25 years while people headed to work and school early on Wednesday....
Article / 1 month ago
MPs launch probe into success of UK insurance sanctions on Russia
An influential parliamentary committee is to probe how well the UK insurance sector is performing in applying sanctions against Russia as part of...
An influential parliamentary committee is to probe how well the UK insurance sector is performing in applying sanctions against Russia as part of...
Article / 2 months ago
Munich Re reduces size of cyber book following launch of “precise” war exclusions
Munich Re saw its cyber reinsurance premium volume contract to $2bn in 2023 following a sustained period of double-digit growth....
Munich Re saw its cyber reinsurance premium volume contract to $2bn in 2023 following a sustained period of double-digit growth....
Article / 3 months ago
PRI demand spikes as countries with $44.6trn total GDP head to polls in 2024
Business demand for political risk insurance has increased sharply as countries with a total GDP of $44.6trn head to the polls in 2024, according to Jonathan Bint,...
Business demand for political risk insurance has increased sharply as countries with a total GDP of $44.6trn head to the polls in 2024, according to Jonathan Bint,...
Article / 3 months ago
Evergrande liquidation to test market appetite for Chinese risks
The liquidation of Chinese property giant Evergrande Group is unlikely to have any direct impact on the London (re)insurance market, but the collapse...
The liquidation of Chinese property giant Evergrande Group is unlikely to have any direct impact on the London (re)insurance market, but the collapse...
Article / 3 months ago