Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Munich Re wins ruling over boat destroyed in hurricane
A yacht’s hurricane protection plan is incorporated by reference into its insurance policy, a federal appeals court said Tuesday in affirming a lower court’s ruling in favor of a Munich Re unit in...
A yacht’s hurricane protection plan is incorporated by reference into its insurance policy, a federal appeals court said Tuesday in affirming a lower court’s ruling in favor of a Munich Re unit in...
Article / 9 months ago
Fla. ‘Anti-Technical’ Statute Bars Insurer from Denying Claim for Yacht Sunk by Irma - Claims Journal
Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma because Florida...
Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma because Florida...
claimsjournal.com /
Article / 10 months ago
Silent-Yachts responds to $20m Alexander Marine yacht fire lawsuit - Superyacht Times
Austria-based shipbuilder Silent-Yachts has now shared a statement to rebut claims they were partially liable for a yacht fire in 2021 that saw over $20 million...
Austria-based shipbuilder Silent-Yachts has now shared a statement to rebut claims they were partially liable for a yacht fire in 2021 that saw over $20 million...
superyachttimes.com /
Article / 1 year ago
Navigating hard markets with an Owner Controlled Refit policy
The yacht insurance market has experienced turbulence over the last two years and these changes have a number of implications for the yacht owners.
The yacht insurance market has experienced turbulence over the last two years and these changes have a number of implications for the yacht owners.
Article / 3 years ago
Update: DYT handles Super Servant 4 unloading damage claims - Superyacht Times
The latest updates on the Super Servant 4 yacht transport ship accident in Palma de Mallorca...
The latest updates on the Super Servant 4 yacht transport ship accident in Palma de Mallorca...
superyachttimes.com /
Article / 4 years ago
Insurers Sue Yacht Owner To Block US Suit Over Damages - Law360
A group of Lloyd's underwriters have sued a yacht owner in London to stop its lawsuit against a marine surveyor over $6.3 million in repair damages from...
A group of Lloyd's underwriters have sued a yacht owner in London to stop its lawsuit against a marine surveyor over $6.3 million in repair damages from...
law360.com /
Article / 4 years ago
Annual Insurance Review 2020: Marine and Shipping Claims Trends
In this chapter of our Annual Insurance Review 2020, we look at the main developments in 2019 and expected issues in 2020 for marine and shipping...
In this chapter of our Annual Insurance Review 2020, we look at the main developments in 2019 and expected issues in 2020 for marine and shipping...
Article / 4 years ago
Owner's Latest Claim for Damaged Yacht Hits Shoal in Federal Appellate Court - Claims Journal
James Shackleford paid $120,000 for a 65-foot sailboat in 2009, hoping to fix up the vessel and one day sail around the globe. That voyage never happened...
James Shackleford paid $120,000 for a 65-foot sailboat in 2009, hoping to fix up the vessel and one day sail around the globe. That voyage never happened...
claimsjournal.com /
Article / 4 years ago
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...
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 / 5 years ago
