Marine
Marine piracy at all time high, with Somalia leading hot spot in Q1 2011
Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce International Maritime Bureau’s global piracy report revealed today.
Interview - Michael Walter & Edward Maddison: Engaging the next generation
Lynn Rouse talks to ASL's Michael Walter and Edward Maddison about expanding horizons, operational expertise and engaging the firm's next generation.
Samsung's Europe venture gains A rating
AM Best Europe has assigned a financial strength rating of A (Excellent) and issuer credit rating of ‘a’ to Samsung Fire & Marine Insurance Company of Europe.
Samsung's Europe venture gains A rating
AM Best Europe has assigned a financial strength rating of A (Excellent) and issuer credit rating of ‘a’ to Samsung Fire & Marine Insurance Company of Europe.
Post Europe April: Exclusive P&I and M&A content now live
Post Europe April is now live with a look how P&I clubs have fared in this year’s rates; what levels of mergers and acquisitions are being seen across the Danubian regions; and a View from the Top that highlights the importance of competitive reinsurance…
Post Europe: P&I Clubs ride out renewal season
Protection and Indemnity clubs have suffered though period where rate increases were as high as 30%, with this season seeing increases at a high of 10% Edward Murray asks if P&I clubs are riding the perfect storm.
LMA: industry powerless against pirates
The Lloyd's Market Association has insisted the insurance industry is powerless to stop the growing threat of piracy off the Somali coast.
Exclusive piracy and technology content now available
Insurance Insight’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.
Exclusive piracy and technology content now available on Post Europe
Post Europe’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.
International teamwork, the key to tackling piracy
Piracy has been an evolving threat for ship owners and the marine insurance market since the 1980s and Neil Smith argues that international cooperation is the only way to combat the modern scourge of marine piracy.
Post Europe: International teamwork, the key to tackling piracy
Piracy has been an evolving threat for ship owners and the marine insurance market since the 1980s and Neil Smith argues that international cooperation is the only way to combat the modern scourge of marine piracy.
Eqecat estimates up to $25bn of quake losses
Risk modelling firm Eqecat has predicted insured losses from the Japanese earthquake of between $12bn and $25bn (£15.5bn).
Aviva extends environmental goods and services sector
Aviva has expanded its engineering, marine, construction and operational risks cover for onshore wind, solar and energy from waste power generation, including biomass energy production, environmental consultancy and building technologies.
Lloyd's opens Rotterdam office
Lloyd’s has opened a Benelux office in Rotterdam.
Lloyd's opens Rotterdam office
Lloyd’s has opened a Benelux office in Rotterdam.
Catastrophe losses hold back Hardy profits
Hardy Underwriting’s profits halved to £10m during 2010, after it faced a string of international catastrophe losses with a net value of £37m.
Marine rates continue to plunge
Marine insurance rates are expected to continue softening in 2011, according to research by Marsh.
Howden targets energy and marine markets
Howden is planning to enter the offshore energy and marine markets in a bid to diversify its international book of business.
Keychoice Underwriting unveils new Ace-underwritten products
Keychoice Underwriting has launched a host of new products to be underwritten by Ace Europe.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Post history - 30 years ago: Loss adjuster heads to Indonesia
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Shipping body softens stance on private anti-pirate armies
The International Union of Marine Insurance has welcomed the announcement by the International Chamber of Shipping that it is now taking a more neutral position on the use of private armed security personnel on board ships to protect them from pirates.
Editor's comment: Never mind the setbacks
"There's unlimited supply. And there is no reason why". No, I'm not talking about the overcapacity in the UK motor market, but the opening lines to EMI by the Sex Pistols.
Mobile technology - Brokers: How can technology benefit the way brokers do business
With more advanced smartphones and tablet computers, Rachel Gordon asks if mobile technology is merely the latest passing fad, or the shape of the future for the broking community.