Analysis

The contingency market is monitoring the war between Israel and Hamas for potential loss activity, as well as keeping track on whether it has wider global implications for events, sources told this publication.

The number of female CEOs, CUOs, CFOs, MDs or board members has hardly changed in the past 12 months.

With US third-quarter reporting season being well underway, the results so far highlight further runway for the hard property E&S market.

Reports show that the combined use of supply chain exploitation and data exfiltration is causing double-digit million-dollar losses for cyber insurers.

Political violence and risk underwriters have heavily cut back in the region, which remains an important source of premium for marine insurers.

Reinsurers are also determined to secure structural changes and payback from Italian, Slovenian and Turkish cedants at 1 January 2024.

Reinsurers are taking aim at pockets of European risk that escaped retention and rate rises last year.

Sources are paying close attention to several pipelines in the region, as the conflict between Israel and Hamas continues.

Inflation, supply chain issues and technological failures are complicating the underwriting landscape.

Gulf insurers have borne the brunt of reinsurance rate corrections in the past couple of years, but a different, albeit similar market segment is emerging as a focus for concern ahead of this year’s 1 January renewal.  

The three new capital vehicles fundraising for a Lloyd’s play, coupled with some of the best underwriting conditions seen for years, have raised the prospect of a new age of investment in the market – but questions remain around execution.

AI development is creating new risks for insurers to assess as multiple key trends suggest it will evolve into a standalone insurance product like cyber-risk.