The Swedish Club demonstrated a solid performance in the first six months of the accounting year with the announcement of its half-year results today. With balanced underwriting, the Club delivered an operating surplus of $11.2 million, resulting…
Four people, including a nine-year-old child, died and four were injured after a boat with about 20 people on board and a speedboat collided off the Greek holiday island of Aegina near Athens on Tuesday, the coastguard said.The child, the…
Tony Nicholson, Senior Claims Director at UK P&I Club, outlines concerns around the Philippine legal system and praises the new ‘Seafarers Protection Act’. “Filipino seafarers make an immense contribution to the world’s ocean-going merchant shipping fleet and their home country…
Specialist marine insurance intermediary Seacurus has called for more flag states to establish a process of compulsory registration for all providers of Seafarer Recruitment and Placement Service (SPRS) in the yachting sector. Thomas Brown…
UK P&I Club Risk Assessor David Nichol discusses the process of identifying and marking snap-back zones and highlights the precautions that should be taken on board ships. “In recent years it became common practice to mark snap-back zones on ships’ decks in the vicinity of mooring machinery…
Braemar Adjusting has agreed a strategic partnership with Beckett Liquidadores de Seguros S.A of Chile, to act as its local resource partner in a number of countries in South America. Braemar Adjusting provides Loss Adjusting, Risk Assessment…
Fidelis Group Holdings, LLC (FGH), with its subsidiary Continental Underwriters, Ltd., has hired John Kirchhofer as Vice President of its Marine Division. In this position, Kirchhofer will be responsible for expanding the group's brown water…
Kate Hollis, Senior Claims Executive at TT Club in Sydney, discusses the risks faced by licensed customs brokers and mitigation steps to take. As the international trade regulatory landscape continues to change and the commercial environment becomes increasingly competitive…
Over the past decade, at least 100 seafarers have lost their lives due to incidents which have been attributed to bulk cargoes liquefying at sea. UK P&I Club Senior Claims Director Alan Speed looks at the dangers of cargo liquefaction and the steps members can take to mitigate the risk…
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they do not get blamed for cargoes that start ‘cooking’ at sea. The advices comes in the latest issue of its loss prevention newsletter Signals…
ABS Group anticipated the update to Circular A-123 from the United States (US) Office of Management and Budget (OMB) requiring US executive departments and agencies to adopt enterprise risk management (ERM), and has expanded its suite of ERM…
The panel of speakers who will join Lord Clarke of Stone-cum-Ebony at the 2016 Cadwallader Debate has been announced.Chairman of the debate Lord Clarke will be joined by a panel of five speakers. They are Kuba Szymanski, Secretary General of InterManager…
BP announced today that following significant progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, it can now reliably estimate all of its remaining material liabilities in connection with the incident…
Harry Diamond, Vice President and Chief Claims Officer at WQIS, is celebrating 21 years with the company this year.Diamond is a graduate of LaSalle University with Bachelor of Arts degrees in social studies education and history; he also holds an Associate degree in Risk Management…
The Swedish Club launched its latest publication, Claims at a Glance, which provides an insight into the full range of claims the Club has handled over the last five years, and is intended as a tool to reduce the frequency of incidents for both P&I and H&M claims…