Marine
Global Maritime brings Eagle Lyon Pope back to market
Global Maritime has re-launched Eagle Lyon Pope, its ports and shipping, marine casualty investigation and loss adjusting division.
Former Chubb execs join Navigators Asia team
Three former Chubb executives have joined Navigators’ Asian operations as the insurer continues to expand in North Asian marine, casualty and specialty markets.
Barbican Protect sets up marine division for UK SME market
Following Barbican Protect's, decision to launch a marine insurance division targeted towards the UKs SME market, Sarah Joiner has been appointed as marine underwriter.
Compulsory container weighing and its implications for insurers
Weighing all packed shipping containers became mandatory globally on 1 July 2016. The way Verified Gross Mass is calculated has consequences for insurers.
Beazley investor sells £2.34m shares
A major shareholder in Beazley has disposed of £2.34m of shares in the company.
Skuld reports $16m bottom line
Marine insurance provider Skuld has reported bottom-line results of $16m (£12.8m) for the nine months of the financial year 2016/17 ending 20 November.
Novae appoints head of marine
Specialist Lloyd’s insurer Novae has appointed Helen Steadman as head of cargo.
Nine out of 10 Hanjin container claims handled by Cunningham Lindsey
Nine out of 10 container claims from the collapse of the Hanjin Shipping line are being handled by loss adjuster Cunningham Lindsey.
Thomas Miller Specialty partners with HDI Global
Thomas Miller Specialty Offshore Marine & Energy has entered into an exclusive arrangement with HDI in the UK which will see HDI become the firm’s global insurance partner.
Ex-Ropner Insurance employee ordered to pay £21,000 after poaching clients
Ex-Ropner Insurance Services employee Philip Wood has been ordered to pay £21,000 and forbidden to carry out business with clients obtained during his employment with the broker.
Lifeboat safety: An international concern
Nearly 16% of merchant mariners' deaths have been caused by incidents involving lifeboats and their launching systems, according to 10 years of data analysed by a safety group. Many seamen have suffered severe injuries of the spine and lower extremities…
Latitude creates P&I data tool
Hong Kong-based marine broker Latitude has created an online tool to compare data of the 13 marine P&I mutuals of the International Group.
Marine cargo MGA launches with backing from Hiscox
A regional cargo market managing general agent has launched in the UK, backed by capacity from Hiscox and Lloyd’s syndicates.
Norwegian Hull Club opens Lime Street office
The Norwegian Hull Club has opened its first underwriting office outside of Norway.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
JLT Group reports 'resilient' performance in its interim results
JLT Group has reported a "resilient" performance of its risk and insurance businesses, in its interim results for 2016, despite pricing pressures in multiple markets caused by global economic uncertainty.
Hiscox to ‘shrink’ London Market business in response to rate pressure
Hiscox is “actively reducing” its aviation, marine and energy business in the London Market, in response to severe rate pressure.
LMG adds three new lines to PPL
Three new lines of business will launch on the London Market electronic placing platform PPL on Monday.
Markel enters marine PI market with Galleon deal
Markel International has acquired specialist marine MGA Galleon for an undisclosed sum.
IUMI to open Asia office in Hong Kong
The International Union of Marine Insurance is set to open an Asia office in Hong Kong.
Brit targets US marine market
Brit Limited has appointed Will Frohne and Craig McGinnes to its newly formed Marine business at Brit Global Specialty USA.
Hanjin crisis now a ‘global claims phenomenon’, loss adjusters warn
Loss adjusters have been appointed multi-million pound contracts to recover cargo lost as a result of the Hanjin shipping crisis.
The Hanjin insolvency and its insurance implications for the logistics market
Four weeks into the insolvency of Hanjin Shipping, the movement of billions of dollars of container cargoes on board Hanjin vessels, or stuck in port container yards, remains in limbo while the logistics chain - traders, freight forwarders and carriers -…
Insurers ‘on notice’ after Hanjin shipping collapse
Insurers should be ready for a deluge of claims in the coming weeks as the collapse of Hanjin shipping company leaves cargo stranded at ports or on the high seas, Crawford & Company has warned.