Marine
Dual launches Netherlands marine operation
Hyperion's underwriter Dual has opened its first Netherlands office writing marine and energy lines.
Standard Syndicate vows to bring new marine business to Lloyd’s
Standard Syndicate (Syndicate 1884) has commenced underwriting at Lloyd’s with a range of specialist cover targeting shipowners.
CNA Hardy becomes underwriting partner for Dual's marine and energy business
Dual’s global marine and energy business has started underwriting supported by CNA Hardy’s Lloyd’s syndicate.
Indemnity Guarantee Assurance enters administration
PWC has been appointed the administrator to Indemnity Guarantee Assurance which was placed into administration on 23 March after directors deemed it to be insolvent.
Industry should prepare for $1bn container ship loss, says AGCS
After a 80% plus increase in container ship capacity in a decade, Allianz Global Corporate & Specialty is warning of some significant loss events to come.
Green appointed Marshall's successor at Besso
Besso property chairman Howard Green has been appointed CEO of the broker following the retirement of Colin Marshall.
RK Harrison and Hyperion seal merger agreement
The long awaited merger between RK Harrison and Hyperion has been agreed between the two brokers.
Randall & Quilter and Hiscox disagree on Synergy terms
The deal between Randall & Quilter and Hiscox over R&Q's managing general agent Synergy Insurance has fallen through after not agreeing "mutually acceptable terms".
Standard Club Asia starts shipping war risk mutual
Standard Club Asia has launched a Singapore-based war risk mutual for ships.
Novae promotes Butcher to syndicates CEO
Novae has promoted Jo Butcher to Novae Syndicates CEO and Rob Forster to chief underwriting officer.
Costa Concordia captain sentenced for manslaughter
Francesco Schettino, the captain of the stricken cruise ship Costa Concordia, has been sentenced to 16 years in jail.
CFC launches new piracy cover with quote-and-buy portal
CFC Underwriting has launched a new marine piracy product, designed to streamline the quoting and buying process.
Reduced reserve releases impact Beazley profits
Beazley recorded an 18% reduction in profit after tax from $264m (£173.7m) in 2013 to $217.8m for the year ended 31 December 2014.
£30m of luxury cars taken from rescued Hoegh Osaka
Luxury cars worth £30m have been rescued from stricken car transporter ship the Hoegh Osaka, which was stranded in The Solent for almost three weeks.
Beslity becomes Aon marine chairman
Aon has made several key changes to its global marine business.
Birch appointed MD of Bishop Skinner Marine
Bishop Skinner Marine, the Bluefin subsidiary specialising in yacht and pleasure craft insurance, has appointed Paul Birch as its managing director.
Charles Taylor expands claims service to companies market
Energy and marine underwriter Berkley Offshore has become the first non-Lloyd's business to sign up for Charles Taylor's elective claims service.
RFIB looks to Willis for hull hire
RFIB has appointed former Willis marine executive director Steve Hughes as its hull and war divisional director.
Norway's Gard on P&I cover for Hoegh Osaka
Norwegian insurer Gard has confirmed it is the P&I insurer for the Hoegh Osaka cargo ship that has run aground off the Isle of Wight.
Skuld boosts contingency reserves by $5m in first nine months
Marine insurer Skuld posted positive a bottom-line result of $5m (£3.2m) for the first nine months of 2014, despite a series of large claims pushing its underwriting result into the red.
Andrew Torrance to leave Fireman's Fund in US restructure
Allianz's former UK CEO Andrew Torrance is stepping down as CEO and president of Allianz's Fireman's Fund unit at the end of the year.
RSA marine liabilities boss Hart joins Skuld as class underwriter
Marine insurer Skuld has appointed RSA’s Nick Hart as marine liability class underwriter.
Russian market facing 'significant challenges' despite premium growth
A predicted 10% rise in non-life Russian premiums in 2014 would be largely a result of inflation and masks the inherent problems faced by the profession in the country, according to Axco Insurance Information Services.
Skuld extends London P&I offering
Skuld now has the capability to offer all of its P&I products from its office in London.