Uncertainties about provision of naval escorts and Iranian threats from mines, drones and missiles face the new marine re/insurance facility announced yesterday by the US International Development Finance Corporation
Political and military uncertainties remain for the US government backed facility aiming to restore maritime trade flows through Strait of Hormuz
Dickie Whitaker, chair of Oasis SaaS, says the new platform is designed to expand choice in catastrophe modelling, giving re/insurers and brokers access to multiple views of risk rather than relying on a small number of vendor sources
London appointments strengthen Aon’s expertise across direct credit and reinsurance markets
Record underwriting profits and strong capital buffers have put reinsurers in a position of strength but a new report, from insurance industry focused management consultancy Oxbow Partners, warns that the industry now faces difficult strategic choices as the market cycle begins to turn
New heads for cargo, credit, energy and direct and fac in senior reshuffle at TFP
Severe convective storm is emerging as one of the most significant catastrophe perils facing the US insurance market, rising from secondary to the bulk of nat cat claims in consecutive loss years, with rising losses driven less by changing weather patterns than by structural shifts in exposure