Insurance Day

New division will run OCEAN tool for risk management 

Lloyd’s broker hires Linden Vytelingum from Willis

The figure, which covers property and motor hull lines of business, is slightly lower than the loss aggregator’s second estimate

The closure of the Strait of Hormuz and the consequent supply chain disruption affecting food supply and production are creating the conditions for future economic distress and civil unrest which will impact political violence insurers 

Marine mutual trims combined ratio to 106% as pool claims revert to normal levels, but performance lags top-ranking clubs