All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Liberty Mutual net profit soars 55% in 2025

Annual revenue increased marginally by 0.5% to $50.5bn, while net premiums written fell by 3.1% to $43.6bn.

Marsh and Lloyd’s in talks with US on Hormuz tanker insurance – report  

The plan involves the US DFC providing insurance to help maintain energy and trade movement through the Strait of Hormuz. 

SCOR profit declines 10.5% in Q4 2025

On an annual basis, SCOR recorded net income of €851m ($986.81m) for 2025, up from €4m the previous year.

Hamilton makes leadership changes at London underwriting unit 

Sinead Cormican has been named CUO, taking over from Miles Osorio, who will retire in June 2026. 

Price Forbes to integrate mea AI across broking operations 

The move is intended to automate a range of processes and support operational consistency across the business. 

Trump orders political risk insurance for Gulf maritime trade

This measure is intended for all shipping lines and takes effect immediately.

MS Reinsurance names Jörg Bruniecki as new group CUO

Bruniecki joined MS Re in 2022 and has worked in senior positions at PartnerRe and Munich Re.

Maritime insurers withdraw war-risk cover amid Iran conflict – report

The cover will automatically lapse for ships in the Persian Gulf and nearby waters from midnight London time on 5 March.

Swiss Re 2025 net income soars 47% driven by P&C growth

The reinsurer’s insurance revenue fell to $43.1bn (SFr33.26bn) from $45.6bn in 2024.

Insurers raise premiums, cancel ship cover amid US-Israel-Iran conflict

Premiums for vessels using the Gulf and the Strait of Hormuz are set to rise by up to 50% after Iran’s retaliatory strikes on US targets in the Middle East.