The facility, which aims to provide coverage of US$500m each for hull war and cargo war, will be backed by Lloyd's syndicates and will remain open to third-party capital.
The inclusion of three new Russian protection and indemnity insurers, alongside approval extensions for four others, comes amid continued disruption across global shipping routes.
India's largest private sector bank has moved to bolster its life arm’s capital position after HDFC Life reported resilient premium growth and softer new business margins in FY2026.
Mark Hunt becomes group chief underwriting officer covering Australia, New Zealand, and London, while Mike Dalton, current group head of aviation, takes on an additional role as head of underwriting for...
