Terrorism
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GVNW expects Extremus extension
The German risk and insurance management association told members this week that it is confident government support for terror insurance…
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Flat reinsurance rates expected in 2025, says Fitch
Reinsurance market rates are expected to be mostly flat in 2025 and terms and conditions to broadly hold steady, according…
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Australia on alert as terror risk rises
The Australian government has raised the national terror threat level from possible to probable because there is a greater than…
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Hiscox AI underwriting model goes live
Hiscox has gone live with a generative AI underwriting platform developed with Google Cloud, which will be available to buyers…
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Martyn’s Law set to progress under new UK government
The UK’s new government has confirmed it will complete legislation started by the previous Parliament requiring owners of public premises…
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Specialist Risk Group acquires political violence and terrorism MGA
Intermediary Specialist Risk Group (SRG) has acquired Tristar Special Risks, an MGA specialising in political violence and terrorism. According to…
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Terrorism, cyber and reputation the big risks at Paris Olympics
With geopolitical tensions on the rise, cyberattacks mounting, and high levels of domestic polarisation, it hardly seems the ideal time…
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Ex naval chief calls for more corporate resilience
“People should be worried.” So began the speech from retired commander of the Belgian Navy and former head of the…
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Belgium accuses Russian ships of spying on North Sea infrastructure
Almost 200 Russian civilian ships have been spying on North Sea infrastructure, according to Belgian intelligence services. The spying claims…
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New terrorism MGA approved as Lloyd’s coverholder
Crux Risk Services, a new MGA specialising in delegated authority underwriting for terrorism with an initial line size of $100m,…
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Pool Re revamps claims management ahead of new reinsurance arrangements
Pool Re, the UK’s terrorism reinsurance mutual, has partnered with insurtech Optalitix to implement a new treaty and claims management…
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Future of anti-terrorism bill Martyn’s Law uncertain after UK election pauses legislation
UK legislation requiring public venues to do more to prevent terrorist attacks, known as Martyn’s Law, is not expected to…
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France’s Diot-Siaci buys majority stake in Indian specialty broker Unilight
Leading independent French and global broker Diot-Siaci and the shareholders of Indian corporate risk and reinsurance broker Unilight have entered…
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Terrorists ‘experimenting’ with artificial intelligence, warns Pool Re
Terrorist and violent extremists (TVEs) are “actively experimenting” with using artificial intelligence (AI) to help plan, facilitate and execute violent…
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UK arenas face heightened terror threat, says Pool Re, as Martyn’s Law remains in draft form
It is “almost certain” that terrorists have the intent to conduct attacks against arenas across the UK due to their…
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US property market stabilises but concern over casualty loss trends
There has been a noticeable stabilisation in the US property marketplace during Q1 2024, according to WTW. Its Insurance Marketplace…
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New terrorism facility launched by Evolin Broking, backed by Chaucer
A new terrorism facility, underwritten at Lloyd’s, has been launched by London market wholesale broker Evolin Broking. The new facility,…
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Swedish risk managers discuss impact of Nato membership
Sweden officially became Nato’s newest member on 7 March 2024, ending more than two centuries of neutrality. “This is an…
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New Africa-focused syndicate launched at Lloyd’s
A new syndicate at Lloyd’s focused on underwriting business across Africa has been launched by Africa Specialty Risks (ASR). It…
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Markel names head of terrorism in London
Chloe Gordge has been appointed as Markel’s new head of terrorism in London. Gordge will lead the day-to-day running of…