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- March 27 2026
Opinion: Will Asia be the ultimate beneficiary of Donald Trump’s Gulf maritime reinsurance plan?
Chubb has outlined the structure of the US$20bn facility, but owners may instead opt to bypass the Strait of Hormuz altogether.
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- March 25 2026
‘This isn’t Beirut, I’m staying put’: specialty (re)insurance market toughing it out in Dubai as economy suffers
Expansion plans for Dubai International Financial Centre knocked back as regional war intensifies.
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- March 24 2026
Mosaic to close Singapore office, service Asia from Dubai
Singapore CEO Benn Wilson will relocate to Dubai as part of the carrier's exit from the Lloyd's Asia platform.
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- March 24 2026
‘This is not accurate’: LMA insists lack of war insurance cover not reason for limited Strait of Hormuz activity
US President Donald Trump extends his deadline for Iran to reopen the key waterway, saying the US would hold off on power plant strikes for five days.
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- March 22 2026
Chubb reveals plans for US$20bn Strait of Hormuz reinsurance coverage
Initiative is a public-private partnership between the International Development Finance Corporation, Chubb and other name-brand American insurance companies that will act as reinsurers.
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- March 19 2026
Lloyd’s GWP grows 4.3% to GBP57.9bn in FY25
Lloyd's market was boosted by 'strong underwriting performance, disciplined growth, and resilient investment returns' in FY25, according to CEO Patrick Tiernan.
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- March 19 2026
Price Forbes expands Lectio follow facility to APAC property, energy risks
Lectio can now follow approved leads in Singapore and Dubai, although business will continue to be written on a London slip.
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- March 17 2026
Lloyd’s, specialty carriers face heightened exposure to Iran conflict: Fitch
Impact on the global insurance industry will be manageable unless the scope and duration widens, according to the rating agency.
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- March 12 2026
Iran conflict heightens specialty insurance tail risks: Moody’s
Beyond marine and aviation, PVT and SRCC coverage carries uncertainty, but insurers are enjoying strong demand and rate hikes, the rating agency said.
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- March 12 2026
DFC mandates Chubb to lead US$20bn reinsurance facility for Gulf trade
Resuming the flow of trade through the strait of Hormuz is vital for world energy supply.
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- March 12 2026
Questions mount over Trump’s touted US$20bn war facility for Gulf shipping
The extent of involvement from the international marine (re)insurance market is also unclear, given that the US agency said it will work ‘with preferred American insurance partners’.
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- March 11 2026
Malaysia’s Mandarin Re commits capacity to LIRG for property, ILW risks
Binder's scope includes traditional property cat exposures, ILW transactions designed to meet the retro and capital-management needs of cedents and reinsurers globally.
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- March 11 2026
Nick Studer to succeed Martin South as Marsh Risk CEO
South, who previously served as the broker's CEO for Asia Pacific, will step into an enterprise-wide role as chief client officer.
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- March 11 2026
Canopius’ APAC premiums climb 22% to US$461m, COR drops to 81.2%
Samsung-backed Lloyd's carrier hails strong engineering and Australian casualty lines growth.
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- March 10 2026
Aon appoints ex-APAC CEO Anne Corona to lead North America
Corona succeeds Lori Goltermann, who will take over as vice chair of Aon.
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- March 10 2026
Willis’ Kelsie Makepeace takes up new role in Dubai
Makepeace has relocated from Hong Kong as placement strategy execution leader, DIFC, which covers the CEEMEA region.
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- March 10 2026
P&I renewals on an even keel as lower claims, higher returns soften stance
- Analysis
- Insurers
- Global
- P&I
- Renewals
- American P&I Club
- International Group of P&I Clubs
- London P&I
- NorthStandard P&I Club
- Skuld
Despite early fears of hardening conditions following a surge in pool claims, the 2026-27 renewals closed on a notably pragmatic tone prior to the outbreak of the war in Iran.
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- March 8 2026
US DFC unveils US$20bn maritime reinsurance facility for Gulf trade
US International Development Finance Corporation, along with American insurers, will offer revolving cover with a focus on hull and machinery and cargo to start.
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- March 6 2026
War cover for Gulf and Red Sea available on single-voyage basis amid fluid risks: IUMI
In the current fast-paced situation, insurers will regularly re-examine their ability and willingness to provide that provide cover.
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- March 5 2026
Mitsui Sumitomo completes acquisition of 15% stake in WR Berkley
Japanese insurance group acquired the shares on the secondary market from public shareholders, and no shares were sold by the WR Berkley Corporation or the Berkley family.
