Aon has appointed Mr George Attard Global Head of Analytics for Reinsurance. He retains his role as Chief Strategy Officer for Reinsurance Solutions.
Aviation insurance has emerged as a critical pressure point as a consequence of the Middle East conflict. To minimise risk, Singapore-based aviation insurers and reinsurers would need to carefully manage exposure to hull war, passenger liability and third-party risks, according to Mr Tristan Thompson, Aviation Partner at Kennedys, a global litigation and dispute resolution firm.
As the cyber market continues to expand-the market has doubled in global gross written premiums from $8bn in 2020 to $16bn today-insurers are increasingly seeking efficient ways to protect against extreme cyber tail events, according to a new white paper by Gallagher Re.
The granting of war cover for the Persian Gulf and Red Sea is and will remain available under specific agreement on a single voyage basis as long as navigation is authorised by governments and flag states, said the International Union of Marine Insurers (IUMI) in an official statement released yesterday.
Paris-headquartered global reinsurer SCOR has reported a net income of EUR851m ($990m) for the financial year ended 31 December 2025, according to financial statements released yesterday by the company.
After four decades of rapid economic development, urbanisation, and lifestyle change, Asia Pacific is now witnessing an unprecedented increase in metabolic ill health among its youngest generations.
Specialist strategic advisory firm in the (re)insurance sector, Huntington Advisory, has appointed Mr Alexander Ankel as Senior Advisor. His appointment accelerates the firm's European expansion strategy, establishing a direct senior presence in German-speaking Europe.
A new report from S&P Global Ratings states that the ongoing Middle East war will not have a major impact on global reinsurers, considering that they have limited direct asset exposure in the region.
Seven of the 12 leading P&I clubs - marine mutual insurance associations established and run by shipowners and related stakeholders - will cease providing war risk coverage for vessels entering the Persian Gulf from the 5th.