Marine

Post Europe: Transport risk management

With constantly shifting suppliers and sales markets as well as the increase in use of outsourced production sites, companies face more and more transport exposures for their cargo. As Pascal Matthey explains, fast and safe deliveries require a holistic…

Pirate attacks hard to cost

The true cost of Somali pirate attacks on international shipping in the Gulf of Aden is still unclear, research by The Actuarial Profession has revealed.

Good news for marine insurers on piracy

Piracy on European vessels is not new but the way the Dutch authorities investigated and successfully prosecuted recently is. Liam Morrissey explains why this could start a string of convictions for pirates.

Energy rates rise

Worldwide energy insurance rates will continue to harden in 2010 because of the Deepwater Horizon oil disaster Beazley has claimed.

Broker event to be repeated

Leeds-based Henderson Insurance Brokers has attracted 35 insurers to its inaugural conference and plans to make it an annual event.

Third-party fraud outside review scope

Law commissioner David Hertzell conceded the current ability for fraudulent third parties to only lose the dishonest part of their claim — rather than having to forfeit the whole — is "quite generous", but stressed this issue lies outside the scope of…

Broker focus - Premium liability: That boat has sailed

With the publication of Issues Paper Eight in July, the Law Commission set about addressing an anomaly that applies to marine insurance, which makes brokers responsible for paying their clients' premiums to underwriters. Rachel Gordon explains why it…

Interview - Ken MacDonald: Keeping it simple

As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks to Miller's head of corporate risks about triple-digit growth and targeting FTSE 250 firms.

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