Marine
Allianz strengthens marine team with senior underwriter appointment
Allianz Global Corporate & Specialty has appointed Simon Hudson as senior marine liability underwriter.
Cooper Gay rebrands and strengthens marine division in Asia
Cooper Gay has rebranded its marine insurance business in Asia as Latitude Brokers and appointed three brokers to the team.
UK P&I increases renewal premiums 7%
The UK P&I Club has announced boosted figures following the close of renewals for 2012, witnessing a 7% estimated increase of renewal premium.
Skuld records 13% premium growth following P&I renewals
Skuld has achieved 13% premium growth following protection and indemnity renewals completed yesterday.
ANV eyes Lloyd’s expansion as it diversifies from marine business
ANV is looking to grow its presence in the Lloyd’s market and is actively engaged in acquisition talks, chief executive Matt Fairfield has told Post.
Airmic welcomes commercial insurance law changes
Proposed changes to the law governing commercial insurance will give risk manages greater confidence in the products offered by the London Market, according to Airmic chief executive John Hurrell.
Law Commission proposals should not 'strike fear' into insurers
Insurers have little to fear from proposals to reform the law governing commercial insurance according to DAC Beachcroft partner Nick Young.
North England P&I to merge with Sunderland Marine Mutual
North of England P&I and Sunderland Marine Mutual Insurance look set to create a P&I giant after members agreed to merge.
FCA issues warning on clone firm LGS Commerce Insurance
The Financial Conduct Authority has issued a warning on a clone insurer using the details of marine underwriter Sunderland Marine Mutual Insurance Company.
Marketform recruits Franks to boost cargo business
Lloyd’s specialist underwriter Marketform has recruited Howard Franks as a consultant to work with cargo underwriter Nicholas Edwards.
London P&I Club issues warning over cargo liquefaction
The London P&I Club has said the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight on the problem of cargo liquefaction.
Ace hires head of marine insurance for Asia-Pacific
Ace Group has appointed Anthony O’Brien as its head of marine insurance, Asia-Pacific.
Costa Concordia: Two years on
Two years after the Costa Concordia ran aground, it has finally been given a date to be removed. What has happened in the marine market in the intervening period?
Markel appoints QBE’s Bragg as senior underwriter
Markel has appointed Charles Bragg as senior underwriter for ports and terminals.
Skuld bolsters casualty management with new role
Norwegian marine insurer Skuld has appointed Sandro Vuylsteke to a new role of global casualty co-ordinator.
Costa Concordia removal operation set for June
Stricken cruise liner the Costa Concordia will be taken away for scrapping in an operation beginning in June.
Piracy: Safer seas
With a more stable Somalia and improved maritime security, will the downward trend in piracy attacks continue, or will incidents in East African and South-East Asian waters ensure rough seas in future?
Tysers appoints Nemeth as marine director
Independent Lloyd’s broker Tysers & Co has appointed Richard Nemeth as a director of Tysers’ marine division.
Tokio Marine launches liability cover for freighters
Tokio Marine Europe has launched a liability insurance product for companies in the freight and warehousing sectors, supported by regional underwriting throughout the UK.
Insurers cautious on Arctic voyages says LMA
Underwriters in the Lloyd's market would not be surprised to see proposals for cruise ships transiting Arctic routes to travel in pairs, the Lloyd's Market Association said this week.
Mega-yacht portfolio growth leads to R&Q marine MGA capacity boost
The specialist global managing general agent platform of Randall & Quilter has made it possible for R&Q Marine Services to offer yacht insurance buyers immediate capacity to insure vessels for up to €235m (£195m).
China sets up first marine insurance association
China has launched its first professional marine insurance association called the Shanghai Institute of Marine Insurance.
Amlin Singapore launches P&I business with Raets Marine
Amlin Singapore has launched a shipowners’ protection and indemnity (marine liability) business and local charterers’ liability insurance in Singapore, in conjunction with Raets Marine.
Gallagher acquires Bergvall Marine
Arthur J. Gallagher has acquired Norway-based marine broker Bergvall Marine for an undisclosed fee.