All Terrorism articles
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NewsPool Re makes £100m third catastrophe bond placement
Great Britain’s terrorism reinsurance fund continues to explore insurance linked securities for its retro placements, this time to the tune of $100m, with the assistance of Aon and Howden.
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NewsPool Re makes terrorism treaty transition, heralds innovation, resilience benefits
Tailored retentions can include CBRN threats, cyber physical damage, as well as conventional risks, under the new ‘bifurcated approach’ adopted by the UK’s Treasury-backed reinsurance pool for terrorism risk in mainland Great Britain.
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NewsChubb expands PVT with two underwriting appointments
Estefania López and Harry Bassett take new roles within the insurer’s London market political violence and terrorism (PVT) team.
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NewsPool Re completes $3.5bn expanded retro placement
A new retrocession programme with more than 60 reinsurers, including Hannover Re and MGA Fidelis Partnership, provides £2.75bn of aggregate excess of loss cover, increased from £2.4bn of protection previously.
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NewsChubb expands PVT with new Continental Europe, Middle East and North Africa team
New CEMENA team at the insurer is to be led by Becky Jarold, previously senior PV underwriter in Dubai.
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NewsPool Re appoints Stark as head of underwriting
Andrew Stark starts a newly created role at the UK’s terrorism reinsurance public-private partnership.
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NewsGuy Carpenter issues Global Specialties 2024 market update
Report from the reinsurance broker includes non-marine, terrorism, marine and energy, construction and engineering, aviation and aerospace, trade credit, bond and political risk.
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NewsWPVT Rising: Q&A with Guy Carpenter’s Powell
War, political violence and terrorism questions answered by Jonathan Powell, managing director, non-marine specialty, Guy Carpenter.
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NewsPool Re appoints Aon Securities and Howden Capital Markets as ILS advisors
The UK Treasury-backed terrorism reinsurance pool has previously used catastrophe bonds to source reinsurance protection.
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NewsSpecialist Risk Group acquires PV MGA Tristar
Terrorism and political violence focused MGA Tristar Special Risks has been bought by Specialist Risk Group.
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NewsPool Re, RUSI report warns of terrorists using AI
Terrorist exploitation of artificial intelligence is at the centre of a study published by Pool Re, the UK’s government-backed public-private reinsurance backstop for terrorism risk.
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NewsEvolin launches terrorism broking facility with Chaucer
Broker facility, led by Chaucer, has a $500m limit per policy for terrorism plus optional coverages.
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NewsPool Re members, UK Treasury give backing to modernised treaty model
A shift from a facultative to a treaty model for the UK’s government-backed terrorism reinsurer, gets the go-ahead, to take effect from April 2025.
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News‘Holiday from history’ is over – Howden geopolitical risk report
A record number of elections in 2024, amid escalating geopolitical risks, underscore the value of political violence and political risk insurance, Howden emphasised.
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NewsBroker CHC Global gains Lloyd’s broking licence
CHC Global hits major milestones to become a Lloyd’s Broker and directly regulated by the FCA.
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NewsMGA Optio adds political violence, terrorism capacity
Specialty MGA has partnered with a US carrier to deploy fresh political violence capacity, reflecting greater appetite for the standalone insurance business, as buyers seek protection from terrorism and civil unrest risks, and reinsurers eye recent SRCC losses with concern for 1/1.
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NewsPool Re’s Clementi welcomes Martyn’s Law legislation
New terrorism legislation coming before the UK Parliament aims to improve protective and organisational preparedness at a variety of premises.
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NewsOptio Re MENA commences trading
The specialty MGA is now open for business in MENA through its Dubai-based operation
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NewsPool Re welcomes new duty of care law
Locations with a capacity of 800 or over will require a risk assessment and implementation of a security plan
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NewsSCOR appoints David Guest as head of Crisis Management
Guest was most recently Global Specialty regional leader, APAC & Middle East at AXA XL
