Auto-fac solution for insurers ‘not yet at scale for treaty purchase’, but ‘not dumping ground for bad risks’: brokers

Time to take plunge on new risk pools as dangers mount, brokers say, but ‘major questions exist’

Lockton Re and Howden Re highlight cyber risks and the wake-up call following the Los Angeles wildfires.

P&I renewals ‘softer than anticipated’ despite claims, geopolitical pressures

Clubs are seeing moderate rate increases while terms and conditions remain stable, but expect strong growth driven by Asia.

MS&AD accelerates, while Tokio Marine, Sompo see overseas topline growth moderate in Q3 FY24

MS&AD’s foreign subsidiaries grew NWP by a combined 25%, in contrast to the 1.2% growth posted by Tokio Marine’s international non-life businesses and 0.8% by Sompo’s overseas arms.

As Trump plays a ‘treacherous trade game’, tariffs solve nothing, leading underwriter says

Sean Dalton, vice president of the International Union of Marine Insurance (IUMI), says the rising risks of an all-out trade war between the US and China are a huge concern for insurers and clients.