Premium income for marine war underwriters from ships stranded in Ukraine is falling as shipowners increa...
Hiscox MGA yacht business to transfer to Nexus
MGA Nexus is set to expand its product offering with the integration of Hiscox MGA’s yacht business, Insurance...
Article / 2 years ago
Aon hires Willis’ Carpenter as superyacht lead
Aon hires Willis’ Carpenter as superyacht lead
Aon has named Willis Towers Watson’s Emma Carpenter as global superyacht leader to develop the broker’s superyacht book of business...
Article / 2 years ago
Yacht market faces $60mn loss from Qatari shipyard fire
Yacht market faces $60mn loss from Qatari shipyard fire
The yacht market is facing a loss of around $60mn following damage to three vessels in a fire at the Nakalit Damen shipyard in Doha, Qatar...
Article / 3 years ago
Brit continues active portfolio management with US withdrawals
Brit continues active portfolio management with US withdrawals
Brit has again demonstrated a willingness to walk away from underperforming classes of business as it culled a number of parts of its US business...
Article / 3 years ago
Brit to close inland marine, yacht and LatAm operations in the US
Brit to close inland marine, yacht and LatAm operations in the US
Brit Global Specialty USA (BGSU) has withdrawn from inland marine, yacht and Latin American business, The Insurance Insider can reveal...
Article / 3 years ago
Lloyd’s yacht pullouts force American MGAs to find new paper
Lloyd’s yacht pullouts force American MGAs to find new paper
MGAs specialising in yacht business are raising new capacity from US domestic insurers...
Article / 4 years ago
Baden-Baden 2018 Day 1
Baden-Baden 2018 Day 1
Why do the longest-established reinsurance gatherings so often take place in towns that are famous for their casinos?...
Report / 4 years ago
Yacht rates tick up amid market uncertainty
Yacht rates tick up amid market uncertainty
The withdrawal of Brit from yacht business at Lloyd’s and increased scrutiny of underperforming lines has heightened pressure on the class...
Article / 4 years ago
Brit commits to US yacht as reports of London closure swirl
Brit commits to US yacht as reports of London closure swirl
BGSU has reaffirmed its commitment to US yacht business amid reports of the syndicate pulling out...
Article / 4 years ago
Argo pulls out of Lloyd’s yacht market
Argo pulls out of Lloyd’s yacht market
The yacht market suffered an onslaught of claims last year from the Q3 hurricanes...
Article / 4 years ago