All war risks articles
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NewsWar risk and cyber restrictions weigh on cargo renewals – IUMI panel
Cargo reinsurance underwriters are adding fresh restrictions, particularly relating to cyber and war risks, but what’s covered and what’s not under new wordings is a cause of confusion for brokers and clients, according to a reinsurance panel at IUMI 2023.
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NewsCyber war endorsements could invite innovation
These include the LMA war exclusion clauses introduced in November 2021
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NewsCyber war exclusions top industry’s list of concerns for 2023
Climate change and ESG responsibilities will also shape the direction of travel this year, predicts RPC
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NewsLloyd’s receives approval for standalone cyber syndicate
Chief of markets Tiernan confirms initial approval as market seeks ’sensible growth in a pragmatic way’
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NewsEiopa urges scrutiny of systemic risk exclusions
Carriers should pay particular attention to traditional war and terrorism exclusions that may cause ambiguity
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NewsS&P: Lloyd’s strong underwriting performance overshadowed by investment losses
Rating agency expects Lloyd’s underwriting results to remain in line with a 95% net combined ratio for year-end 2022
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NewsLloyd’s sets cyber policy exclusions for state-backed attacks
Managing agents must show that exclusion clauses have been legally reviewed
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NewsMiller buys Tokyo-based Lead Insurance Services
The Japanese broker specialises in Hull, War Risks and Protection & Indemnity insurance
