Lloyd’s Market: ‘No Direct Threat’ to Suez Canal Shipping January 31, 2011 By Jonathan Saul No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt,...
Suez Shipping Operating Normally Despite Egypt Unrest: Marine Insurers January 31, 2011 By Jonathan Saul No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt,...
Investors Face Rising Risks However Egypt Plays Out January 31, 2011 By Peter Apps If President Hosni Mubarak clings to power, investors will re-price Egyptian and regional assets to brace for weeks, months or...
EU Says Giant ‘Motherships’ Give Somali Pirates New Reach January 31, 2011 By Peter Apps Somali pirates are increasingly using hijacked merchant vessels with hostage crews as giant motherships to attack deeper into the Indian...
UK’s Amlin to Acquire Lead Yacht Underwriters January 31, 2011 UK-based specialist insurer Amlin plc announced that a wholly owned subsidiary has entered into an agreement to acquire Lead Yacht...
Perryman Appointed Sales and Marketing Director of Willis UK & Ireland January 31, 2011 Martyn Perryman has been appointed Sales and Marketing Director for Willis UK & Ireland (WUKI), effective immediately. He is based...
Insurance Council of Australia Takes New Initiatives in Wake of Floods January 28, 2011 The Insurance Council of Australia (ICA) has reacted quickly to the disastrous flooding in the State of Queensland earlier this...
Pulsar Re Files Suit against Lehman to Recover $450 million January 28, 2011 Lehman Brothers Holdings has been sued by a reinsurer that wants control of $450 million it said it pledged to...
S&P Japan Ratings Downgrade Hits Insurers January 28, 2011 Yesterday Standard & Poor’s Ratings Services announced that it had lowered its sovereign rating on Japan to ‘AA-‘ from ‘AA’....
PartnerRe Provides January 2011 Non-Life Renewal Data January 28, 2011 Bermuda-based PartnerRe Ltd. announced that during the January 1, 2011 treaty renewal season it “expects to write and bind approximately...