Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to...
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 / 21 days 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 / 26 days 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 / 29 days ago
Ship insurer Britannia is helping in Baltimore bridge probe
Britannia, the insurer of the container ship Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the...
Britannia, the insurer of the container ship Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the...
Article / 30 days 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 / 2 months ago
Ukraine war risk ship premiums rise after attack, sources say
War risk insurance premiums have risen sharply after a missile damaged a merchant ship in the Ukrainian port of Pivdennyi, three industry sources said on Thursday....
War risk insurance premiums have risen sharply after a missile damaged a merchant ship in the Ukrainian port of Pivdennyi, three industry sources said on Thursday....
Article / 6 months ago
UN chief says it will be difficult to revive Black Sea grain deal
United Nations Secretary-General Antonio Guterres told Reuters on Wednesday that it will be difficult to revive a landmark deal that allowed the safe Black Sea export of Ukraine grain....
United Nations Secretary-General Antonio Guterres told Reuters on Wednesday that it will be difficult to revive a landmark deal that allowed the safe Black Sea export of Ukraine grain....
Article / 6 months ago
Ascot hires executive vice president for marine
Ascot Group Ltd. said Tuesday that Pat Stoik will join as executive vice president, head of marine, Ascot U.S., effective Oct. 24....
Ascot Group Ltd. said Tuesday that Pat Stoik will join as executive vice president, head of marine, Ascot U.S., effective Oct. 24....
Article / 7 months ago
Ship insurance facility set up for Ukraine grain exports: Broker Miller
A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction with Ukraine’s authorities, insurance...
A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction with Ukraine’s authorities, insurance...
Article / 7 months ago
