Daily Digest: Ports and terminals entice new entrants, IGI on early reinsurance losses, ILS poised for strong growth

Catch up on the essential news and analysis from the Insurance Day experts

Ports and terminals insurance entices new entrants New players are queuing up to launch into the ports and terminals insurance sector, attracted to a niche that is making money after a period in the doldrums. Recent entrants include Clive Washbourn’s MGA Navium and Lloyd’s insurers IQUW and Volt Underwriting. Additionally, Gallagher underwriting affiliate BBM has recently announced plans to expand into North America. Ports and terminals (P&T) cover is designed to protect port and terminal operators from the risks they face when handling cargo.