Terrorism
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Pool Re proposes standard terrorism cover for SME property risks
UK terrorism reinsurer Pool Re is consulting on proposals that would reintroduce terrorism cover as a standard feature of commercial…
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Crisis management challenges: threats, repatriations and kidnap
A quarter (26%) of all incidents reported by clients last year to Alert:24, the in-house risk advisory and crisis support…
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QBE launches political violence and terrorism insurance in Dubai
QBE has launched political violence & terrorism insurance in Dubai as part of its international markets portfolio. The new line…
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Pool Re extends retro cover to £2.75bn
Pool Re, the UK’s government-backed terrorism reinsurer, has completed the placement of a new retrocession programme with more than 60…
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Australia’s terrorism reinsurance pool finalises 2025 retrocession programme
Australia’s terrorism reinsurance pool, administered by ARPC, has finalised its retrocession programme for 2025. The retrocession of $2.15bn, plus ARPC’s…
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Insurance industry storing up problems on state-sponsored sabotage, warns Allianz’s Todorovic
The threat of state-sponsored sabotage on private sector assets is “out of the bag” and a big issue to watch…
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Pool Re and UK government agree new retro terms
State-backed terrorism reinsurer Pool Re and the UK government have agreed a new retrocession agreement from 1 April, which they…
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New political violence consortium launched by AEGIS London
AEGIS London has launched a new political violence consortium offering cover for complex political violence risks with limits up to…
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Insurers and business face growing terrorism threat
The insurance industry is facing a growing threat from political and terror risk, with demand for cover set to rise…
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New head of terrorism, political violence and war at Arch Insurance International
Jelle Ouwehand has been appointed as head of terrorism, political violence and war at Arch Insurance International. He is based…
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Pool Re names Stark head of underwriting
UK-based terrorism reinsurer Pool Re has appointed Andrew Stark as head of underwriting. For the newly created role, he will…
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Risk managers critical to tackling infrastructure risk and opportunities: Anra
Risk managers must be more involved in strategic planning, while developing holistic and integrated risk management, to steer their companies…
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Navigating uncertainty: The rise of bespoke solutions in the MBTC market
Does heightened geopolitical risk signal a step change for the multi-buyer trade credit (MBTC) market? Jesse van Cleef, head of…
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Amended UK terror risk law introduced
The UK government yesterday introduced long-awaited legislation requiring public premises and events to prepare for and mitigate the risk of…
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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…