Market softening could move towards rate cuts for downstream energy buyers
WTW says there is “light at the end of the tunnel” for downstream energy insurance buyers after a “tumultuous” couple…
Q1 2024 records $20bn in nat cat losses: Gallagher Re
Insured losses from global natural catastrophes totalled $20bn in Q1 2024, according to estimates from Gallagher Re, almost 40% lower…
IFRIMA mourns the death of board member Jorge Luzzi
International risk management association IFRIMA has announced the passing away of board member Jorge Luzzi, who was for decades a…
Howden launches Red Sea cargo war risk coverage
Global broker Howden has launched what it claims is the first cargo war risk facility to cover vessels in the…
Dual Europe acquires Swiss Re’s marine team
International MGA Dual Europe has bolstered its marine underwriting capability after acquiring the Genoa-based marine team from Swiss Re. Under…
London market’s PoloWorks names CRO
Lloyd’s and London market insurance service firm PoloWorks has appointed Raphael Borrel as chief risk officer. Borrel joins PoloWorks from…