Marine insurance sector faces rising geopolitical and climate-related risks: Kennedys

Global law firm Kennedys said rising geopolitical tensions, ongoing trade disputes, climate-related hazards and post-Brexit regulatory challenges are creating a complex and unstable risk environment that is testing the resilience of the global marine insurance industry. Kennedy partners Chris Chatfield and Shaan Burton highlighted the geopolitical landscape as a major factor shaping the current and…

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Munich Re’s HSB Managing Director Terry Dyson to retire in March

Engineering insurance and inspection services provider HSB (UK and Ireland) has announced that Managing Director Terry Dyson has decided to retire at the end of March 2026. Dyson has a forty-year career in the insurance industry. He joined HSB in 2019, eventually becoming Commercial Director in 2022, successfully leading the company’s sales, business development, partnerships…

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Oaktree and Lane42-backed Avocet Partners launches, to acquire EMC Life

Avocet Partners, a new insurance-focused investment and operating platform, has launched with $500 million in committed equity from funds managed by Oaktree Capital Management, LP and Lane42 Investment Partners, LLC. Led by an experienced operator founding team with a proven track record in building, scaling and managing insurance platforms across multiple market cycles, Avocet was…

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Aon provides enhanced access to Latin America catastrophe models via Oasis LMF

Professional services firm Aon plc has announced that its impact forecasting team is now offering ERN’s Latin America catastrophe model to clients through the Oasis Loss Modeling Framework (Oasis LMF). Latin America is becoming a key region for reinsurers looking to diversify their portfolios. Although the region faces climate-related disasters, its disaster profile (dominated by…

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