Tag: Insurance Policy
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“Client First: Why Transparency Is the Real Strength of the Insurance Industry”
Having spent more than three decades working directly with clients in the insurance and reinsurance industry, I understand better than most the concerns raised by some insurers and brokers in response to my recent article. I appreciate that businesses are sensitive to commentary that may… Read more
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War Marine Risks and War Marine Insurance Cover
War and conflict have always threatened ships and cargo at sea. Although modern navigation, satellite tracking and international law have made global trade more sophisticated, the oceans remain vulnerable to political tension, armed conflict and organised violence. When war or hostilities break out, merchant vessels… Read more
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Don’t Be Fooled by the Logo: The Truth About Insurance Pricing in a Regulated Market
In a country with a highly regulated insurance market, the dynamics of choosing an insurer and accepting an insurance policy differ significantly from those in loosely supervised jurisdictions. Where a strong and vigilant regulator oversees solvency, capital adequacy, corporate governance and market conduct, the fundamental… Read more
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Reinsurance Today
The international reinsurance market is undergoing a notable transition after several years of disruption driven by pandemic losses, geopolitical instability, inflationary pressures and an unprecedented rise in natural catastrophe claims. As the market enters 2026, a number of clear trends have emerged, reshaping pricing, capacity,… Read more
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Insurance Briefing Trending in the GCC
What’s trending in the Gulf (including Saudi Arabia) insurance market — a concise briefing The insurance sector across the Gulf Cooperation Council (GCC) and in Saudi Arabia is on the move. Activity is being driven by a mix of regulatory reform, Vision 2030-led infrastructure and… Read more
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Application of Statistics in Insurance Industry
The insurance industry, a cornerstone of financial stability, relies heavily on the meticulous collection, analysis, and application of statistics. This reliance is not merely for operational efficiency but is fundamental to its very existence and profitability. In the competitive and evolving landscape of 2025, the… Read more
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Cut through clause
A cut-through clause, also known as a direct access clause, is a contractual provision in reinsurance agreements that allows an original insured party to directly claim against a reinsurer, bypassing the insolvent or defaulting primary insurer. This clause is typically invoked when the primary insurer faces… Read more
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Looting Insurance Companies
Insurance companies, while providing a crucial service, can engage in practices that are perceived as “looting” clients, even large, reputable brands. This often stems from the inherent conflict between their profit motives and their obligation to policyholders. One primary method is denial or underpayment of legitimate… Read more
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Medical Insurance in Declared and Undeclared War
Defining War and Its Implications for Insurance How medical insurance operates in the context of war, both declared and undeclared, requires a careful examination of policy language, legal interpretations, and the evolving nature of conflict. Insurance policies typically contain exclusions for war-related events, but the… Read more
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Upstream Vs Downstream Energy Insurance
Upstream and downstream energy insurance are distinct categories within the broader energy insurance sector, each addressing the unique risks associated with different stages of the oil and gas (and sometimes other energy sources) value chain. Understanding the differences between these two types of insurance is… Read more
