‘The marine hull market is operating in an increasingly complex environment brought about by ageing fleets, rising repair costs, geopolitical disruption and regulatory pressure,’ says head
Insurance Times asked industry figures to consider the risks arising from the ongoing Middle East conflict and what it could mean for the UK insurance market
’We are the only industry that properly takes blood pressure, not just has a nice chat with the doctor,’ says senior advisor
’The new structure reflects the rapidly changing shape of the UK insurance industry, where the traditional boundaries between retail and commercial insurance are becoming more clearly defined,’ says consultancy
It comes following the launch of the insurer’s Xcelerate29 strategy, which provides a framework for the period 2026 to 2029
Insurance Times rounds up the top five stories making headlines across the market from 9 to 13 March 2026
UKGI boss says that commercial lines rates are ‘down about 6% to 7%’, creating ‘tough trading conditions’ that ‘are going to continue through this year’
Insurance is playing a role within US president’s chess game with Iran, as Donald Trump introduces political risk cover for maritime trade venturing into the Persian Gulf. But what can the UK learn from this?
Insurance Times has published the full Five Star Rating Report: Commercial and Personal Lines 2025/26
’Extending our PI risk appetite to include larger firms, which are typically more complex, is another example of how we listen to our broker partners and respond,’ says managing director
‘Underinsurance is no longer just an oversight – it’s becoming an embedded behaviour,’ says director of innovation
The situation around the Persian Gulf remains fluid, but insurers and their customers are likely in for a sustained period of supply chain shocks and increased costs