One of the key takeaways from Q1 reporting to date has been efforts by (re)insurers to reassure investors...
Mariners explore back-up reinsurance in the wake of Baltimore disaster
The timing of the incident could leave carriers running large net exposure for the remainder of the policy year....
The timing of the incident could leave carriers running large net exposure for the remainder of the policy year....
Article / 2 days ago
Insurer in Full: (Re)insurers guide towards manageable Baltimore bridge claims impact amid ongoing uncertainty over losses
One of the key takeaways from Q1 reporting to date has been efforts by (re)insurers to reassure investors over expected Baltimore bridge impacts...
One of the key takeaways from Q1 reporting to date has been efforts by (re)insurers to reassure investors over expected Baltimore bridge impacts...
Article / 6 days ago
Yemen's Houthi rebels claim 2 attacks in Gulf of Aden, another unreported in Indian Ocean - AP News
Yemen’s Houthi rebels have claimed two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage. The claims Thursday by Brig. Gen.
Yemen’s Houthi rebels have claimed two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage. The claims Thursday by Brig. Gen.
apnews.com /
Article / 9 days ago
Insurance firms deny Chevron's $57 million claim for Iran oil seizure - Reuters
Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California...
Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California...
reuters.com /
Article / 11 days ago
Navigating the Aftermath: The MV Dali Bridge Collision
The incident appears to have been related to an electrical power failure on the vessel...
The incident appears to have been related to an electrical power failure on the vessel...
Article / 15 days ago
Insurer Chubb readies $350 mln payout tied to Baltimore bridge collapse - Yahoo
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March...
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March...
finance.yahoo.com /
Article / 16 days ago
Lloyd's Insurers Don't Expect Large Claims From Baltimore Bridge Collapse
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that...
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that...
Article / 17 days ago
Lloyd's of London underwriting improved in 6 of its 8 business lines in 2023
Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improvements in all but two of its major business lines....
Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improvements in all but two of its major business lines....
Article / 20 days ago
How will the Baltimore bridge collapse affect US insurers' profits?
Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of US insurers is...
Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of US insurers is...
Article / 23 days ago
Ship fire claims spike to highest in a decade as larger vessels add to risks - TradeWinds
Norway's Cefor reports first $50m+ claims for a decade Individual hull insurance claims for more than $50m were reported for the first time...
Norway's Cefor reports first $50m+ claims for a decade Individual hull insurance claims for more than $50m were reported for the first time...
tradewindsnews.com /
Article / 1 month ago