Beazley Plans $1B Marine War Consortium for Transiting Strait of Hormuz April 17, 2026 Beazley, the specialty Lloyd’s insurer, has announced its intention to launch a marine war consortium, offering up to $1 billion...
Nord Stream Blasts Due to War, Say Insurers Seeking to Avoid Pay Out April 17, 2026 By Sam Tobin The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told...
War Risks Insurers Win Bid to Appeal UK Ruling on Jets Lost in Russia April 1, 2026 Insurers including Chubb, Fidelis and Lloyd’s were granted permission on Tuesday to appeal against a London court ruling in favor...
Bessent Says Hormuz Ships Insurance Program to Start Soon March 27, 2026 By Jennifer A. Dlouhy and Skylar Woodhouse Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin...
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover March 23, 2026 By L.S. Howard Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for...
Starr Completes Acquisition of IQUW Group March 23, 2026 Starr, the New York City-based global investment and insurance organization, announced it has completed the acquisition of IQUW Group, which...
Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available March 19, 2026 By Leonard Kehnscherper and Alex Longley The Lloyd’s of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even...
Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say March 5, 2026 The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan to provide...
India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say February 2, 2026 By Ashwin Manikandan and Jayshree P Upadhyay Some of the world’s biggest reinsurers, including Lloyd’s of London, are seeking Indian regulatory approval to operate in a low-tax...
People Moves: Lloyd’s Appoints Bichard From PwC as CFO, Succeeding Cliff January 16, 2026 Lloyd’s, the insurance and reinsurance marketplace, announced that Jim Bichard has been appointed as chief financial officer. He will start...