Russia-Ukraine Conflict
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News
Broker insurtech partnership launches Ukrainian commercial property reinsurance facility
’As Ukraine continues to navigate the devastating impacts of war, we recognise the significant role of the insurance industry in supporting Ukraine’s economic regrowth,’ says chief executive and founder
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News
Aon launches new €110m facility
’This innovative new facility further enhances the stability of the insurance market in Ukraine,’ says chief executive
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News Analysis
Ukraine’s resilience poses questions for insurers for when the war ends
Contributor Jon Guy shares his perspective on how rebuilding Ukraine post-war could impact the UK insurance market, with finances, supply chains and resourcing likely to be in scope
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News Analysis
In Focus: How can cyber insurance adapt to address risks across other lines of business?
With the rise of sophisticated cyber threats infiltrating a myriad of insurance classes, how can cyber insurance adapt to effectively address risks across various lines of business?
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Heightened geopolitical tensions pose risks to insurance sector – Broadstone
’Insurers should not underestimate the potential knock-on impact on their businesses,’ says head of London markets
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Cyber attack that impacted London hospitals sparks insurance concern
’This is a stark reminder of the potential for the impact of a cyber attack to spill over to far more serious consequences,’ says partner
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Insurance dispute over 400 aircraft stranded in Russia lands in court
’This is a complex situation,’ says commercial director
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News
LMA to revise marine hull and cargo oil price cap clauses after sanctions changes
’The new model wordings will be posted to the Lloyd’s repository,’ says legal director
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News
Insurers can no longer treat Bitcoin as ‘toxic asset’ after Musk deepfake scam
’What this scam has highlighted is just how quickly the risk landscape is shifting as new breeds of fraud come into play,’ says co-founder
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News
New £472m claim lodged against insurers over aircraft stranded in Russia
The is the latest case in a long running series of disputes between leasing companies and insurers
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News Analysis
Briefing: Turning point for geopolitical risk in 2024?
With elections in 2024 set to introduce an additional dose of unpredictability into an already volatile environment, businesses need to prepare for and protect themselves against escalating political-related risks.
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News
Marsh McLennan expands cover of Ukraine shipping insurance facility
’Marsh McLennan is dedicated in our support of Ukraine,’ says chief executive
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LMA releases updated hull and cargo clauses
’The LMA remains committed to assisting insurers in responding to requirements in an increasingly complex regulatory landscape,’ says legal director
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News
Insurers need more data, policy and legal clarity to safely provide cyber insurance – Deloitte
Insurance director believes the UK has a ’very significant cyber insurance gap’
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News Analysis
Briefing: 1 January 2024 renewals evidence of the end of the world’s ‘holiday from history’
’The higher costs of goods and capital, civil unrest, deglobalisation and heightened security threats have ended the world’s holiday from history,’ says new report
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News Analysis
Briefing: New war facility in Ukraine a shining example of what insurance can be
Providing the the vital protection needed to the people rebuilding a country while a war rages is perhaps the perfect example of what insurance can do
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News
Ukraine launches Marsh McLennan-supported war risk data platform
’The data platform empowers the global insurance community to evaluate risks much more accurately,’ says chief executive
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News
New marine insurance solution for Ukrainian grain corridor announced
’We look forward to helping Ukraine resume the vital international shipping of its grain,’ says head of direct marine
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News Analysis
Briefing: Can insurers put Ukrainian Black Sea exports back on track?
Many underwriters said they were likely to wait and see how the initial transits fared before committing to action
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News
Lloyd’s backs new insurance product for people working in Ukraine
’It became apparent that a more affordable and agile medical and crisis response option was needed,’ says head of risk and crisis advisory