Country: Global Page 2 / 62
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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.
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- March 4 2026
Donald Trump pledges insurance for vessels in Strait of Hormuz
US International Development Finance Corporation would offer insurance 'at a very reasonable price' to help ensure the flow of energy and other commercial trade, US president says.
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- March 4 2026
War-related supply chain disruption ‘the top of every agenda’: Allianz Commercial
Global supply chain collapse due to conflict foremost concern of respondents in Asia Pacific, according to a new Allianz Commercial survey.
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- March 4 2026
Legal precedent raises stakes for aviation war insurers as Iran conflict grounds fleets
Aviation war market faces a flurry of policy cancellations and reinstatements this week, with rates expected to surge by triple digits.
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- March 3 2026
Middle East conflict to heighten earnings volatility for global reinsurers: S&P
The conflict disproportionately affects specialty lines, a segment that insures complex or high‑risk exposures, including war risk, aviation, energy, political violence, and other niche classes, the rating agency said.
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- March 3 2026
Warning of 50% spike in marine war risk premiums as Iran conflict intensifies
With US$500bn in energy trade at a standstill, proportionality and caution are the watchwords for the marine market as it braces for a prolonged crisis.
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- March 2 2026
US-Israeli strikes on Iran force marine war market repricing amid elevated geopolitical risks: Aon’s Stephen Rudman
While there is no systemic withdrawal of capacity, underwriters have cancelled certain hull war policies and are offering reinstatement of cover at materially increased rates, the broker's head of marine in Asia says.
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- March 1 2026
War risk insurers cancel covers, raise prices for ships in Gulf and Strait of Hormuz: report
Insurance rates could rise by as much as 50% following Iran's retaliatory stirkes against US-Israel, meanwhile, cargo war-risk insurers are also preparing to issue cancellation notices on Monday.
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- February 25 2026
Sompo completes US$3.5bn Aspen acquisition
Aspen will transition to trading under the Sompo brand, with executive chairman and group CEO Mark Cloutier acting in an advisory role.
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- February 25 2026
P&I clubs drop anchor on rate increases amid strong retentions
Gard, West P&I, The Swedish Club, NorthStandard, and Skuld reflect on the 2026 protection and indemnity (P&I) renewals season.
