Uncertainty persists on impact of Russia aircraft lessor court ruling: Gallagher Re


Although the English courts have now delivered a verdict in favour of the claimants in the Russia Aircraft Lessor Policy mega-trial, Gallagher Re has observed that “significant uncertainty” persists, especially regarding how reinsurers might respond and the potential ripple effects on reinsurance pricing that could influence the broader aviation insurance market. Readers may recall that […]

Fraigneau takes over as Liberty Specialty Markets’ President for Europe


Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Pierre-Edouard Fraigneau as the President, Europe, effective September 1st, 2025. In his new role, Fraigneau succeeds incumbent President Kadidja Sinz and will continue to work closely with her until her retirement at the end of 2025. Currently, Fraigneau is the Chief Underwriting Officer […]

Willis and Markel tackle geopolitical risk for cargo owners with new $200m facility


Willis, a WTW business, and specialist insurer Markel have launched ‘Undercover’, a new $200 million facility that aims to provide coverage for a range of geopolitical exposures faced by cargo owners globally. Developed by Willis, this joint proposition has a unique offering designed for the risk transfer of cargo, war on land, terrorism, political violence […]

Charles Taylor InsureTech reveals autonomous AI agents to enhance insurance customer experience


Charles Taylor InsureTech, a technology partner to the insurance industry, has introduced autonomous AI agents — known as agentic AI — as part of its initiative to modernise customer service and streamline core insurance operations through artificial intelligence. Agentic AI stands apart from traditional generative AI by carrying out real-time tasks independently, without relying on […]

Swiss Re & UNDP collaborate on parametric coral reef insurance for Indonesia


Supported by the Ocean Risk and Resilience Action Alliance (ORRAA) through the UK’s Blue Planet Fund, the United Nations Development Programme’s (UNDP) Insurance & Risk Finance Facility (IRFF) is partnering with Swiss Re and the Indonesian government to develop a long-term insurance solution that protects and restores coral reefs. UNDP explained that it supported the […]