Reinsurance News
political violence
Lancashire underweight in Middle East, sees opportunities in PV market: CEO & CUO
1st May 2026
Within the political violence (PV) market, executives at Bermuda-based insurer and reinsurer Lancashire said they expect claims that come through the system from the conflict in the Middle East to exceed premiums, while noting that the firm’s exposure to the region is limited and that it sees opportunities to selectively ... Read the full article
Terrorism insurance market remains robust amid shifting threat landscape: Marsh
19th March 2026
Despite an increasingly complex and evolving threat landscape, the terrorism insurance market remains stable and robust, according to Marsh’s recently-published 2026 Global Terrorism Risk Insurance Report. The report highlights that modern terrorism threats have evolved from hierarchical, property-focused assaults to dispersed networks employing diverse tactics, including cyberattacks, political violence, and emerging ... Read the full article
Prolonged Middle East tensions may heighten volatility in terrorism and political violence coverage
18th March 2026
While acknowledging that the re/insurance industry remains well-positioned to absorb moderate losses from terrorism and political violence due to strong capitalisation and diversified underwriting portfolios, Morningstar DBRS has warned that prolonged geopolitical and military tensions in the Middle East could increase underwriting volatility, tighten reinsurance terms, and prompt more selective ... 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
Insurance market braces for systemic shock as Iran conflict threatens multi-line losses: Kennedy’s
3rd March 2026
Kennedys, an international insurance law firm, has warned that the developing conflict involving the United States, Israel and Iran presents the prospect of a rare, multi-line event for the global insurance and reinsurance market. In Kennedys’ assessment, the combination of sustained military action, disruption to energy flows and prolonged regional instability ... Read the full article
Businesses now face material threat from rising gray-zone aggression, says Willis
2nd March 2026
“Gray zone aggressions” - ambiguous, deniable and strategically choreographed tactics that sit between peace and war - has evolved into a material threat for businesses, warns a new report from The Willis Research Network and Elisabeth Braw, a senior fellow with the Atlantic Council. The report, titled “Hidden threats, real impacts: ... Read the full article
HIVE expands into Political Violence & Terrorism with Stuart Harmer appointment
2nd March 2026
HIVE Underwriters, an independent specialty MGA, has expanded into the Political Violence & Terrorism (PVT) insurance market with the hire of Stuart Harmer as Class Underwriter, PVT. The move marks a further step in HIVE’s evolution into a multi-class specialty MGA, strengthening its knowledge-led underwriting proposition. The expansion into PVT will be ... Read the full article
Willis and Synthetik extend political violence and terrorism risk insights partnership
15th January 2026
Willis and Synthetik have extended their long-term partnership, giving the WTW business access to Synthetik's complete suite of Political Violence and Terrorism (PVT) software modeling tools. By integrating Synthetik’s individual risk models, including AnyBuildingRisk, Cityscape, and SRCC Quantum, along with their associated data products, into Willis's existing enterprise-level risk management platforms, ... Read the full article
IQUW enhances SRCC risk modelling amid rising civil unrest and shifting reinsurance market
11th August 2025
In a Reinsurance News interview, IQUW—a property and specialty re/insurance business—shared insights into how SRCC (strikes, riots, and civil commotion) risks are evolving and how the industry is adapting. Speaking on behalf of the company were Kate Hughes, Underwriter for Political Violence & Terrorism and War, and Matt Hopwood, Man-Made Catastrophe ... Read the full article
MS Amlin appoints Gisela Nilsson as Political Violence Senior Underwriter
26th June 2025
Lloyd's global insurer and reinsurer MS Amlin has announced the appointment of Gisela Nilsson as Political Violence Senior Underwriter. Nilsson brings over 15 years of specialist underwriting experience. She joins from Talbot Underwriting, where she spent the past five years, most recently serving as Political Violence Class Underwriter. In that role, ... Read the full article
AEGIS launches $100m political violence consortium
5th February 2025
AEGIS London has unveiled a new Political Violence Consortium, providing businesses with up to $100 million in coverage for a wide range of political violence and terrorism risks. The consortium offers a comprehensive solution, encompassing perils such as sabotage, strikes, riots and civil commotion (SRCC), insurrection, revolution, war, and civil war. The ... Read the full article
Atrium starts extended trial of Novee’s Gen AI underwriting tool for PV&T submissions
16th January 2025
Atrium Underwriters Limited, the Lloyd’s specialty insurer, is conducting an extended pilot of Novee's Gen AI underwriting tool, which is built on a promising proof of concept to automate the pre-underwriting of Political Violence & Terrorism (PV&T) submissions. The initiative aims to underscore Atrium's commitment to leveraging advanced technologies to enhance ... Read the full article
Political violence cover important as public protests in US rise by 30%: Chaucer
16th December 2024
Chaucer, a global specialty insurance and reinsurance group, has emphasised the importance of political violence insurance for businesses with US operations due to a significant rise in public protests by US unions and workers. There has been a 30% increase in US union and workers' protests and demonstrations, with the number ... Read the full article
Starwind Specialty hires Kirby to lead newly launched Political Violence & Terrorism program
17th October 2024
Starwind Specialty Insurance Services, has launched a new Political Violence and Terrorism (PVT) program - Starwind PVT, and has appointed Chris Kirby to lead as Program President. Launched on October 1, the PVT program is focused on providing coverage for physical damage, business interruption and liability coverage for terrorism, strikes, riots ... Read the full article
US faces highest risk of unrest since 2020 protests, says Verisk
10th October 2024
As the US presidential election approaches, the potential for political violence, including large-scale protests, is increasing due to the current volatile political landscape, according to data from Verisk’s global risk unit. This election is one of the most volatile in recent history, marked by two assassination attempts on Republican nominee Donald ... Read the full article
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