Hormuz Stays Blocked for Now as Hundreds of Ships Seek Exit April 9, 2026 By Weilun Soon, Alex Longley and Julian Lee The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the...
Shippers Rush for Hormuz Insurance After Truce Deal, Broker Says April 9, 2026 By Leonard Kehnscherper and Alex Longley Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the...
AIG, McGill Announce Collaboration to Potentially Transform Subscription Market March 16, 2026 By Chad Hemenway McGill and Partners and American International Group said they collaborating to perhaps disrupt the subscription market—using agentic artificial intelligence to...
Warburg Mulls $1 Billion Sale of London Insurance Broker McGill January 14, 2026 By Swetha Gopinath and Leonard Kehnscherper Warburg Pincus is considering a possible sale of UK insurance broker McGill and Partners, according to people familiar with the...
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry October 22, 2025 By Chad Hemenway The recent 15-hour or so outage at Amazon Web Services (AWS) again raised questions about the potential for systemic loss...
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile July 15, 2025 By L.S. Howard The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime...
Broker McGill Offers Property War Reinsurance for Ukraine January 9, 2025 Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday...
Markets/Coverages: McGill, TMK and Convex Launch Trade Disruption Facility November 26, 2024 McGill and Partners, the London-based global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in...
Renewable Energy Offers a Cost and Opportunity to Insurance Sector November 7, 2024 By Carolyn Cohn Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as...
People Moves: McGill Expands Global Property Team; Lawrence Joins Alliant; Berkshire Specialty Promotes Bowman April 18, 2024 McGill Hires Milne and Cabot to US Property Team McGill and Partners, headquartered in London, appointed Duncan Milne and Cabot...