Ocean Marine Insurers Face New Risks, Challenges in Changing Segment September 26, 2019 By Sean Dalton Ocean marine insurance is the oldest line of insurance and today represents a small specialty line in the property/casualty insurance...
Large Shipping Losses in 2018 Drop to Lowest Level this Century but New Risks Emerge June 4, 2019 Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century,...
Environmental Disaster Unfolds in Pacific, Near Solomon Islands, as Ship Leaks Oil March 4, 2019 By Nick Perry An environmental disaster is unfolding in the Pacific after a large ship ran aground and began leaking oil next to...
MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus May 23, 2017 Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led...
Markel Int’l Singapore Taps Munich Re’s Fordham as Marine Liability U/W April 18, 2017 Markel International Singapore, the specialist insurer, has appointed Colin Fordham as a senior marine liability underwriter based in Singapore. Fordham...
North Korean Shipping Company Evades UN Sanctions, Obtains Marine Insurance February 10, 2016 By Louis Charbonneau and Michelle Nichols A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other...
London-Based Chubb Global Markets Names Marine Team Leaders February 8, 2016 Chubb Global Markets, the London-based wholesale insurance division of Chubb, announced the appointment of the leaders of its marine team,...
P&I Sector’s Underwriting Discipline to Be Tested in Coming Renewals: A.M. Best February 8, 2016 Underwriting discipline in the marine protection and indemnity (P&I) sector will be tested over the February 2016 renewal period due...