A British high court judge ruled on Wednesday in favor of broker ED&F Man in a claim against Singapore commodities trader Straits and four other defendants about fraudulent warehouse receipts for nickel stored in Singapore. Justice Calver said in a …
Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a cargo insurance administration and analytics platform. Cargo insurance policies have traditionally been written on an annual basis and priced based …
This edition of International People Moves covers London-based appointments at Beazley, Allianz Global Corporate & Specialty (AGCS) and Marsh. A summary of these promotions and new hires follows here. Insurer Beazley Names Sanchez for Newly Created Global Head of Cyber …
Loadsure has formed a partnership with managing general agency Amwins Specialty Logistics Underwriters (ASLU) to offer pay-as-you-go, all-risk smart coverage that includes automated claims on a digital platform. Loadsure’s offering for the U.S. freight industry is digitalized through the full …
Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the …
OSLO – A Dutch cargo ship that was abandoned at sea during a storm off the coast of Norway this week has been attached to two large tugboats and is no longer at risk of running aground, local officials said …
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish supplier. But when the cargoes started arriving in China, all it found were containers full of painted rocks. The saga …
Hiscox, the specialist global insurer, has appointed Aimee Nolan to head up its London Market cargo underwriting team. As cargo line underwriter, Nolan will be based in Hiscox’s London office, reporting to Mike Southgate, divisional director for Marine, Energy and …
More than 40 crew members were missing after a ship carrying cattle from New Zealand to China capsized in stormy weather in the East China Sea, the Japanese coastguard said on Thursday. A lone crew member from the Gulf Livestock …
Specialist insurer International General Insurance Holdings announced the appointment of Brian James as class underwriter for Cargo. James will be based in IGI’s London office and will be responsible for developing a niche portfolio of general cargo business, focusing on …
