Swiss Re has appointed Mr Trent Thomson as Head Global Specialty. He succeeds Ms Anne Lohbeck.
Aon has appointed Mr Adam Rimmer as a Senior Property Specialty Broker and Mr Jimmy Mitchell as Vice President of Global ReSpecialty.
Miller has appointed Ms Lyndsey Bauer as Strategic Delivery Lead, Cyber. In her new role, she will be responsible for developing a more cohesive, joined-up approach to addressing cyber as a risk factor and managing cyber exposure across insurance portfolios.
Orient Insurance, the UAE's leading insurance provider and a subsidiary of Al-Futtaim, has launched four competitive and comprehensive war risk protection solutions, as businesses and individuals are increasingly seeking robust Insurance solutions to help navigate evolving operational and geopolitical risks.
Political risks driven by economic policy still outweigh those from international conflict, according to the ninth annual Political Risk Survey Report by Willis.
Reinsurance giant Munich Re has allocated EUR90m ($105.6m) in the first quarter of this year for claims for damages from the Middle East armed hostilities, according to the company's CFO, Mr Andrew Buchanan.
Recent global developments have underscored the growing importance of marine insurance and war risk coverage, placing new pressures on the insurance sector, according to a senior official of the Financial Services Authority (FSA).
Senegal's state-owned national oil company Petrosen is planning to establish a subsidiary specialising in hydrocarbon risk coverage, with the aim of capturing up to FCFA13bn ($26m) in premiums annually.