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Eye of the storm

Ship owners are experiencing their biggest slump to date, but if the risks associated with the laying up of vessels are not managed correctly, the potential legacy of the current crisis will add to the significant losses of the international hull market, writes Eric Alexander.

Seated in 'jumbo-jet configuration'" 12 abreast with two aisles" the world's marine underwriters filled the long hall of Bruges' medieval Belfry for last month's annual conference of the International

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Lloyd’s probe deepens after Clement promotion cleared

Lloyd’s is believed to have widened a fresh investigation into top-level behaviour, just as a report emerged that October’s review of the London Market’s former CEO John Neal’s relationship with his former head of corporate affairs Rebekah Clement ruled it wasn’t inappropriate.

Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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