IUMI and TAPA warn cargo crime has moved from ‘the asphalt to cyberspace’ as fraud and theft escalate
Industry bodies for marine insurance and cargo urge urgent action as fake carriers and digital deception drive billions in supply chain losses
Latest updates
KCC estimates $6.7bn insured loss from Winter Storm Fern
Modelled losses, primarily driven by winter freeze, span more than 30 states as burst pipes and power outages compound impacts across southern US
Lectio premium scope passes $1.3bn as Price Forbes launches Bermuda facility
Expansion adds Bermuda property line to cross class follow platform first launched in 2021
Willis adds Dubai and Madrid to global D&F placement hub network
Expansion gives clients single access point to more than 400 markets through coordinated global direct and facultative reinsurance structure, the broker said
Phua to lead QBE Re credit reinsurance build out
New York appointment signals expansion into political risk, trade credit and surety treaty lines
Louth takes aviation lead role at Liberty Specialty Markets
Ed Louth’s arrival to LSM from Willis comes as Miles Taffs prepares to retire later this year
Gallagher Re cyber index shows 32% fall at 1/1 in XoL risk-adjusted rates
Oversupply of capacity and improved structural terms drive sharp reduction in pricing for cyber aggregate protection
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MS Amlin and MSI launch UAE reinsurance partnership for political risk and contract frustration cover
Renewals saw reinsurers keen to deploy capital, buyers focused on banking savings – Gallagher Re’s Kerton
Persistent threats, low sophistication: Pool Re maps ‘substantial’ UK terrorism risk landscape
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England, BH1 1BZ - a Gannett company
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