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Aviation impasses and political violence reshaping: One year on from the Ukraine invasion

Two of the most-exposed segments to the war have experienced very different years, with sweeping PV changes contrasting to more stable conditions in parts of the aviation sector.

Aisling Finn, 24 February 2023
Aviation market eyes multi-billion claims benefit on potential seized planes deal

Talks relate to a deal that would see Aeroflot take ownership of the AerCap planes.

Adam McNestrie, 23 February 2023
Ships worth $440mn stranded in Ukraine as invasion anniversary looms: Skytek

24 February marks the point when blocking and trapping claims can be lodged against war risk insurers, against ships stuck waters around Ukraine.

Abbie Day, 23 February 2023
AdvantageGo adds Verisk, Zywave and others to ecosystem collaboration

AdvantageGo has secured agreements with Acord, Verisk, Vipr and Zywave to establish a collaborative ecosystem of London market data and technology vendors, which will help carriers modernise and prepare for the Lloyd’s Blueprint Two programme.

Marcel Le Gouais, 23 February 2023
Nat cat ‘most profitable’ but there are limits to growth: Munich Re

The reinsurer’s retro programme was renewed at a smaller size for 2023.

Liz Bury, 23 February 2023
Former Alleghany CEO Hicks to join White Mountains board of directors

Weston Hicks has previously served on the boards of Alleghany Corporation and AllianceBernstein Corporation.

Abbie Day, 23 February 2023
Chubb makes three internal leadership appointments in new Climate+ unit

Maria Guercio, Melanie Markwick-Day and Jared Concannon join the unit as executives.

Abbie Day, 23 February 2023
Markel International hires ANV’s Hutchins for W&I team

Hutchins will report to Bryan Dressler, head of W&I at Markel International.

Ayesha Venkataraman, 23 February 2023
Turkey quake insured losses to exceed $5bn amid $25bn economic hit: Moody’s RMS

The insured losses include those to private insurers as well as to the Turkish Catastrophe Insurance Pool.

Ayesha Venkataraman, 23 February 2023
Norwegian P&I clubs Skuld and Gard hail strong 20 February renewals

Gard CEO Rolf Thore Roppestad said the renewals went “right to the wire” after the late announcement of IG reinsurance rates.

Samuel Casey, 23 February 2023

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