Specialty MGA UK has entered the political risk market. Amir Hussain will lead the new division as head of political and credit risk. Hussain has worked as a credit analyst at Barclays, as well as underwriting for Lloyd’s syndicates including Brit and Hamilton. He specialises in political risk, contract frustration and credit risk.

The Financial Conduct Authority is concerned that organisations may not be acting quickly enough on a sufficiently wide range of operational risks. To counter this, it published a consultation on operational risk reporting that runs until the middle of March.

Pool Re has completed placement of a new retrocession programme with more than 60 international reinsurers. Providing £2.75bn of aggregate excess of loss cover, increased from £2.4bn, the placement was brokered by Guy Carpenter, with Hannover Re and The Fidelis Partnership among those providing pricing guidance.

Legislation and regulation are the factors that currently have the most significant impact on directors’ and officers’ insurance around the world, according to member firms surveyed for the latest report from Global Insurance Law Connect. Other key trends include the growing influence of environmental, social and governance factors, and the impact of macro-economic conditions on the insurance landscape. Our members report that globally this increased focus on corporate governance, and sustainability has increased the focus on directors’ liabilities.

I don’t suppose anyone thought 2025 was going to be quiet, but the speed of systemic change, uncertainty and risk has exploded. The truism of talking about VUCA now feels like quaint understatement as we grapple with dramatically different geopolitical realities and the disruptive impact of technological leaps.

Denmark has proven its resilience for a second year in a row, as it sits proudly at the top of the annual global FM Resilience Index. The commercial property insurer’s 12th yearly ranking of 130 countries and territories incorporates proprietary data with that of third parties, including the International Monetary Fund and World Bank, to reflect a comprehensive picture of resilience.