War
Geopolitical instability and trade policy risk rocking marine insurance
Escalating geopolitical tensions, from conflict-driven shipping attacks and vessel detentions to sanctions, tariffs and the growth of shadow fleets, are reshaping global trade routes. Against this backdrop, Tim Evershed observes significantly heightened risk exposures for the marine insurance market.
Throwback Thursday: Colonial Mutual’s business boost
Insurance Post’s Throwback Thursday steps back in time to September 1945 to remind you what was going on this week in insurance history when Colonial Mutual was boasting of “unprecedented progress” during the Second World War.
Throwback Thursday: CII plans for new world
Insurance Post’s Throwback Thursday steps back in time to September 1945 to remind you what was going on this week in insurance history when the Chartered Insurance Institute was planning its first post-war annual conference.
Throwback Thursday: Lit streets and radar reflections
Insurance Post’s Throwback Thursday steps back in time to September 1945 to remind you what was going on this week in insurance history when burglary insurance providers had their hopes raised by lit streets.
Insurers and brokers agree to aid development of Ukrainian market
The Ukrainian government has revealed that it signed a memorandum of understanding with representatives of several leading insurance companies during a conference in Rome last month, with the aim of developing the country’s insurance market.
Why marine underwriters are demanding greater transparency on Israeli links
Trade Voice: Simon Jackson, member of London’s Forum of Insurance Lawyers and head of marine, energy and shipping at DAC Beachcroft, looks at what the recent sinking of two cargo ships in the Red Sea means for underwriting war risks cover.
McGill’s battery cover; Aviva’s mid-market enhancement; Kennedy’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Marine insurance costs increase amidst Israel-Iran conflict
As a result of the Israel-Iran conflict marine insurers are now charging 0.2% of the value of a ship for journeys into the Gulf, according to data from insurance broker Marsh McLennan.
Penny Black’s Social Diary: Haggie’s balls; Lloyd’s 1st day
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences, and giving a thumbs up – or down – to the sector’s social media posts.
Can insurers harness the power of Generative AI?
Generative artificial intelligence has the market buzzing around its huge potential for business growth, but at this early stage, Rachel Gordon warns many factors need careful consideration.
ABI’s updated salvage code; CFC’s cyber masterclass; Gallagher’s property MD
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Marsh’s data approach; Birkdale sponsors Southport FC; McLarens’ CIO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Could aviation insurance be about to skyrocket?
David Worsfold examines how an increasing number of claims and capacity issues are changing conditions in the airline insurance market.
NordVPN’s cyber cover; DCL’s truck product; Consilium’s claims chief
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
How IT innovation is affecting insurance brokers
As thousands pack their bags for next week’s British Insurance Brokers’ Association conference in Manchester, Tom Luckham explores the ongoing reinvention of insurance distribution and the different challenges as well as opportunities this new era…
Clear rebrands MGA arm; Sapiens acquires AdvantageGo; Markel’s head of tech
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Is ‘cancel culture’ creeping into insurance?
Following the launch of the UK’s first ‘cancel culture’ insurance product, Tom Luckham explores the effect that ‘culture war’ is having on the insurance industry.
Ecclesiastical’s new office; Ventis deal; Rokstone hire
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Probitas CEO to retire a year on from Aviva acquisition
Probitas CEO Ash Bathia will retire at the end of July, with Aviva’s global corporate and specialty managing director Matthew Washington set to take the reins at the Lloyd’s insurer.
Addept’s legal expenses suite; Allianz’s sports fund; Admiral Money’s CEO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Ardonagh Advisory buys firm; NBS x Hiscox; Tokio Marine’s head of compliance
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.