Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflat...
IMA hires former McGriff energy and marine leader
IMA Financial Group Inc. Wednesday said former McGriff Insurance Services Inc. executive John Mizell has joined the broker in the newly created position of...
IMA Financial Group Inc. Wednesday said former McGriff Insurance Services Inc. executive John Mizell has joined the broker in the newly created position of...
Article / 6 days ago
Argo hires former Markel exec for inland marine role
Argo Group International Holdings Ltd. on Wednesday named former Markel Corp. executive Julie Saunders senior vice president, head of inland marine....
Argo Group International Holdings Ltd. on Wednesday named former Markel Corp. executive Julie Saunders senior vice president, head of inland marine....
Article / 1 month ago
Chinese cargo owners face losses after bridge collapse
According to an insurance specialist from a shipping firm, Chinese cargo owners could face substantial financial risks after the Singapore-flagged container vessel Dali recently collided with...
According to an insurance specialist from a shipping firm, Chinese cargo owners could face substantial financial risks after the Singapore-flagged container vessel Dali recently collided with...
Article / 1 month ago
Baltimore shipping set to resume by end of April
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge,...
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge,...
Article / 1 month ago
Baltimore incident likely to drive up marine insurance rates
Assuming the loss is significant, the likely outcome is “an increase in pricing,” said Marcus Baker, global head of marine, cargo, and logistics for Marsh LLC in London.....
Assuming the loss is significant, the likely outcome is “an increase in pricing,” said Marcus Baker, global head of marine, cargo, and logistics for Marsh LLC in London.....
Article / 1 month ago
Axa doesn't expect ‘material' group losses from bridge collapse
Axa SA said Thursday it does not expect losses from the collapse of Baltimore's Francis Scott Key bridge after it was struck by a container ship to be material at...
Axa SA said Thursday it does not expect losses from the collapse of Baltimore's Francis Scott Key bridge after it was struck by a container ship to be material at...
Article / 2 months ago
Ascot unveils marine, energy treaty business, names execs
Ascot Group Ltd. said Tuesday it has launched a marine and energy treaty reinsurance business in Bermuda, and named Alex Kirkby, formerly at Validus Re, to head...
Ascot Group Ltd. said Tuesday it has launched a marine and energy treaty reinsurance business in Bermuda, and named Alex Kirkby, formerly at Validus Re, to head...
Article / 3 months ago
Viewpoint: Supply chain fixes needed
Business interruption remains a key concern for organizations globally. While shortages of critical medical and other supplies during the pandemic...
Business interruption remains a key concern for organizations globally. While shortages of critical medical and other supplies during the pandemic...
Article / 3 months ago
Appeals court rules for policyholder in Travelers cargo claim
A marine cargo policy issued by a unit of Travelers Insurance Cos. Inc. was ambiguous in its description of approved storage locations, therefore, the insurer...
A marine cargo policy issued by a unit of Travelers Insurance Cos. Inc. was ambiguous in its description of approved storage locations, therefore, the insurer...
Article / 4 months ago
More ships to avoid Red Sea as attacks disrupt world trade
Germany’s Hapag-Lloyd and Hong Kong’s OOCL said Thursday they would avoid the Red Sea, the latest shipping companies to do so after attacks by Yemen’s Houthi group on vessels disrupted...
Germany’s Hapag-Lloyd and Hong Kong’s OOCL said Thursday they would avoid the Red Sea, the latest shipping companies to do so after attacks by Yemen’s Houthi group on vessels disrupted...
Article / 5 months ago
