Underwriter reports that its aviation attritional losses reached $1bn for the first time in 2025, revealing claim-centric ‘cause for concern’ as policies fail to keep pace with sector evolution
With aviation policy wordings ‘written decades ago’ and deemed ‘pretty much insignificant now’ against current sector aircraft and risks, underwriter recommends collaborative committee as a beneficial model to bring the class up to date
Insurance Times rounds up the most significant appointments, hires and leadership developments from 9 to 13 March 2026
’We understand the challenges and evolving landscape of the autonomous vehicle space and we’re excited to offer a comprehensive insurance solution that is exclusively available to our partners,’ says vice president
’His experience will be invaluable as we support our UK clients in navigating an increasingly complex economic environment and achieving successful outcomes for their stakeholders,’ says president
’This appointment reflects Marsh’s commitment to delivering innovative, data-led placement solutions that benefit our clients,’ says UK placement leader
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
Aggregate revenue across the top 10 brokers for 2025 was just over £13bn – an amount that summed up brokerage across the whole top 50 brokers list in 2023 – as leaders of the broker pack double down on M&A investments to solidify earnings
’The problems that these businesses are now having to solve are ones of financial and economic assessment that interfere with the supply and demand curve, rather than ones of physical production and distribution capacity,’ says head
‘There should be no assumption that cyber risks are covered under a D&O policy,’ says law firm partner
Head of sustainability and climate change strategy believes ’good ESG leads to fewer insured losses’
Thanks to complementing skill sets, the London market broker plans to offer ‘one-stop-shopping’ for regional broker clients, says chief executive