Risk Specialty
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UK law firm appeals £60k penalty for failing to report data breach
A UK law firm is appealing against a penalty imposed by the UK data watchdog in a case that demonstrates…
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Renewable energy providers must demonstrate resilience, says FM
Building resilience – or the ability to protect against natural hazards, equipment failure and business interruption – is key to…
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Markel to buy marine MGA The MECO Group
Markel is buying The MECO Group, a specialist marine MGA based out of London, Dubai and Shanghai. MECO specialises in…
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New departmental head of liability at Tokio Marine Kiln
Oliver Delaney has been appointed as departmental head of liability at specialist insurer Tokio Marine Kiln (TMK). TMK said Delaney brings two decades…
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French insurers need to go further on sustainability, says supervisor
French insurers and reinsurers are integrating sustainable principles into their business but results so far have been unequal and the…
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McGill’s Ukrainian war risk facility attracting ‘broad’ interest
McGill and Partners’ new war risk facility for commercial property in Ukraine is attracting broad interest, including from some foreign…
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French buyers enjoy friendlier political violence market despite geopolitical tensions
Even though geopolitical tensions are on the rise, the market for political risk and violence insurance is much more favourable…
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AEGIS London doubles digital terrorism capacity to $500m
Lloyd’s syndicate AEGIS London has doubled the capacity of its digital terrorism product to $500m and raised the active assailant…
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Trump’s tariff’s boosting demand for credit insurance, says Atradius
President Trump’s “combative approach” to international commerce is creating uncertainty around global trade and boosting demand for credit insurance as…
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New chief underwriting officer at cyber insurer Resilience
Maria Long has been appointed chief underwriting officer at US cyber insurer Resilience. In this role, Long will direct and…
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Optio Group completes acquisition of Norwegian-based MGA
Specialty MGA Optio Group has completed its acquisition of Norwegian-based MGA S Insurance AS, having received all necessary regulatory approvals.…
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German insurers introduce PFAS exclusion clause
The German insurance association (GDV) has added a new contractual clause to its non-binding model terms and conditions to better…
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France proposes political violence pool and risk managers for local governments
The French government has announced plans to set up a new insurance regime to provide cover for social unrest facing…
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Marine buyers face softening hull and machinery market
Rates in the hull and machinery have softened in early 2025, creating a buyers’ market for shipowners, according to Gallagher.…
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Americas seeing generally positive buyer conditions
Favourable conditions for buyers are continuing across many lines of coverage in North America, while Latin American market conditions are…
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Favourable market conditions in Canada despite record-breaking nat cats, says Aon
The Canadian property and casualty market has proved to be remarkably resilient, despite record-breaking natural catastrophe losses in 2024 totalling…
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Executive and professional lines promotions in US at BHSI
Berkshire Hathaway Specialty Insurance (BHSI) has promoted Shelley Norman to US executive & professional (E&P) lines field leader, and Brady…
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German insurers strong enough to swallow mandatory cat cover
The German P&C insurance industry was in a “stable” solvency position at the end of 2024 and would cope with…
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RSA to rebrand as Intact Insurance as part of specialty lines growth strategy
UK-based insurer RSA Insurance has announced that it will rebrand and change its trading name to Intact Insurance by the…
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DUAL Europe expands marine business with new Hamburg hub
DUAL Europe has formed a new marine team based in Hamburg, Germany. The MGA said this is the third new…