Aon says port premiums bounce after 05 Cat losses

Aon Marine has reported that property premiums have increased on average by at least 40% for global ports and terminals in the wake of last year’s Hurricane season, particularly those operating in catastrophe prone areas.

The broker said that whilst the general property insurance market has seen international rates fall, underwriters are taking a less aggressive approach to win ports and terminals business and are less

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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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