Specialty lines

Cancellations of music events due to performers’ mental health conditions is one of the issues, alongside strikes and the energy crisis, which are challenging contingency underwriters.

Cyber GWP could exceed $50bn by 2030, the broker predicts.

The aviation war segment is also proving ‘treacherous’ to buyers, according to the latest Plane Talking report.

There is stiff competition in the renewables space as carriers look to establish positions in a growth market.

As part of the deal, 12 Piiq employees will join Gallagher bringing with them a handful of US-focused clients.

Pen’s marine war MGA Vessel Protect has hired maritime security expert Munro Anderson.

The quota share cyber reinsurance market is finely poised, with good appetite for strong cyber writers, but reinsurers are cautious of new writers or fronted MGAs.

Following Neil Arklie's exit, cyber underwriting performance manager Maria Mathews Saunders will manage the class, reporting directly to the head of underwriting performance.

If you only read a handful of articles this week, make it the selection below.

The broker used three major cyber models to analyse the drivers of model variability, with revenue coming top as the most prominent driver of loss variability.

Kelly Butler will be responsible for the strategic development and delivery of Marsh UK cyber insurance and placement capabilities.

The moves follow a pattern of prolific hiring in which 200 production staff were added across the group’s London business in 2022.