Reinsurance News

marine

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

2nd April 2026

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Shankland as Head of Ocean Cargo, U.S. In his new role, Shankland will lead the growth of Markel's U.S. cargo portfolio, overseeing underwriting strategy, portfolio management, and broker engagement. Based in Markel’s New York office, he will work ... Read the full article

Chaucer and Ceto partner to launch new marine MGA

24th March 2026

Global specialty re/insurance group Chaucer, and Ceto AI, a technology company specialising in predictive analytics for the maritime industry, have launched a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the agreement, Ceto is authorised to bind marine hull on behalf of Chaucer’s Lloyd’s syndicate, with additional ... Read the full article

Berkley Insurance Asia announces key leadership moves within its Marine team

23rd March 2026

Berkley Insurance Asia has announced the appointment of Kenneth Cheong as Head of Marine, Asia, taking over the role from Lee Ju-Ann, effective 1 April 2026. As part of the leadership developments within Berkley Insurance Asia Marine team, Lee Ju-Ann will be taking on a newly created Senior advisory and Talent ... Read the full article

Middle East war exposure likely in specialty lines, but nothing major in actual losses yet, says Hannover Re

12th March 2026

Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning that the reinsurer is expecting losses from the ongoing conflict in the Middle East in its specialty reinsurance book, although so far there's a lack of any noticeable reported losses. Given the live and ... Read the full article

Aon is seeing risk repriced in real time as Middle East conflict cuts across many insurance lines, say experts

11th March 2026

Leaders at global insurance and reinsurance broking group Aon have shared their observations and perspectives across numerous lines of insurance business as the conflict in the Middle East continues. Joe Peiser, CEO of Risk Capital for Aon, said that for many organisations the most significant exposures relate to disruption to ... Read the full article

Reinsurers likely to raise prices & reduce capacity in the Gulf amid Iran conflict: Morningstar DBRS

2nd March 2026

The Iran conflict adds to a series of recent geopolitical crises that have already pressured marine and aviation insurers’ profitability, with Morningstar DBRS stating that reinsurers are likely to respond by raising attachment points or reducing capacity, increasing retention for primary carriers. On 28th February 2026, the US and Israel carried ... Read the full article

Rokstone North American Marine launches Inland Marine Equipment program

27th February 2026

Rokstone North American Marine, part of the international specialty re/insurance MGA Rokstone, has launched a new Inland Marine Equipment program supported by a USD 10 million underwriting facility from QBE. Targeting small to mid-sized contractors, equipment dealers, rental operators, and industrial businesses operating across multiple locations and job sites, the new ... Read the full article

Canopius and Globex Underwriting Services partner to expand global marine coverage

23rd February 2026

Canopius, a global specialty and P&C re/insurer, has announced that Canopius US Marine and Globex Underwriting Services have entered into a partnership to provide placement of local marine policies worldwide. Globex Underwriting Services, a division of Globex International Group, is an independent service provider supporting insurance carriers with their international needs. Through ... Read the full article

Henning Schuemmer joins TFP as Senior Marine Underwriter

10th February 2026

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has strengthened its team with the appointment of Henning Schuemmer as a Senior Marine Underwriter. Schuemmer will be based in Dublin, bringing with him more than two decades of experience in the marine sector, encompassing both broking and underwriting. His extensive knowledge ... Read the full article

HIVE adds two senior underwriters to new Marine platform

5th February 2026

HIVE Underwriters, an independent specialty managing general agent (MGA), is strengthening its new Marine specialty underwriting team with two new appointments: Alistair Marriott as Head of Marine, and Jared Short as Head of Transportation and Logistics. Both appointments are effective July 2026, on completion of their contractual obligations with current respective ... Read the full article

HIVE expands into marine insurance with Nick Lewis appointment

27th January 2026

HIVE Underwriters, an independent specialty managing general agent (MGA), has expanded into specialty Marine insurance with the appointment of Nick Lewis as Marine Chief Underwriting Officer (CUO), effective July 2026. The launch of Marine marks the next phase in HIVE’s evolution as a multi-line specialty MGA. Under Lewis’ leadership, HIVE will develop ... Read the full article

Marsh UK renews Slipstream with lead insurer Markel

29th December 2025

Marsh UK has announced the renewal of Slipstream, its dedicated marine, cargo, and logistics facility, with Markel as the lead insurer. “As the industry continues to face volatility due to choke points along several trade routes, Slipstream offers 20% Lloyd’s capacity, with a 2.5% discount on the placement,” Jay Payne, Chief ... Read the full article

Gammon appointed Head of Marine & Aviation, AXIS Global Markets

24th December 2025

Lee Gammon has been promoted to the newly created position of Head of Marine & Aviation of AXIS Global Markets, the global insurance and reinsurance operations of AXIS Capital, effective January 1, 2026. Gammon has been with the company since 2010, when he joined Novae as a Marine Liability underwriter. He became ... Read the full article

Kelly Lim and Alex Lim join QBE Singapore’s Marine business

23rd December 2025

QBE, an international insurer and reinsurer, has announced two leadership appointments within its Singapore Marine business. Kelly Lim has been appointed Country Lead for Cargo & TOL, while Alex Lim has been named Country Lead for Hull & Liability within QBE Singapore’s Marine business. Both Kelly and Alex will report to the ... Read the full article

Marine insurance sector faces rising geopolitical and climate-related risks: Kennedys

12th December 2025

Rising geopolitical tensions, ongoing trade disputes, climate-related hazards, and post-Brexit regulatory challenges are creating a complex and volatile risk environment that is testing the resilience of the global marine insurance industry, according to global law firm Kennedys. Chris Chatfield, Partner, and Shaan Burton, Partner at Kennedys, emphasised that the geopolitical landscape ... Read the full article