In Full: WR Berkley suspends London marine underwriting
WR Berkley's managing agency has suspended the underwriting of its London market marine business and placed the future of the $30mn book under review, The Insurance Insider has learned...
In Full: Spacecom expects $196mn insurance payout
The marine cargo market is set to pay out $196mn to reimburse Spacecom for a satellite destroyed on the launchpad at Cape Canaveral, Florida, in September...
In full: Marine market waits on potential $1bn legacy loss
Marine (re)insurers are looking on nervously after a Spanish Supreme Court ruling potentially opened the way for a $1bn loss that would be the biggest claim to hit the market since Costa Concordia...