Insurance News

 

New Chairman for Average Adjusters Group

May 24, 2019

Willum Richards hands over chairmanship of the Association of Average Adjusters on its 150th anniversary to Richard Cornah.The Association of Average Adjusters, set for a memorable 150th anniversary after launching the celebrations at its annual general meeting on May 9…

ITIC: Check Wording in CP Agreements

May 07, 2019

International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.By way of illustration…

Aon, HudsonCyber team for Maritime Cybersecurity

Apr 29, 2019

Aon and HudsonCyber are joining forces to provide enterprise-level cyber security capability assessment, integrated cyber breach response, and mitigation support to the global marine industry.“We see a real need for collaborative thinking in…

American Club: Four Senior Appointments

Mar 27, 2019

Shipowners Claims Bureau, Inc. (SCB), Managers of the American Club, has announced several senior appointments which have been made to enhance the capabilities of its global service teams.At the Club’s headquarters in New York, Margaret Lee has been appointed as Lead Counsel…

Lloyd's of London CEO Sees Success in 2019

Mar 22, 2019

Lloyd's of London is making changes that will make it more successful this year, its new chief executive said on Friday.The 300-year-old insurance market publishes the 2018 results in aggregate of the more than 80 syndicates under its roof next week…

Guidance on Reducing On-Board Systemic Failures

Mar 12, 2019

Bureau Veritas and TMC Marine, a Bureau Veritas Group Company since 2016, and the London P&I Club have produced their latest guidance in their series on loss prevention issues.  The new publication focuses on systemic failures on board ships…

Ossena to Drive AGCS N. America Growth

Mar 06, 2019

Allianz Global Corporate & Specialty (AGCS) said that Baptiste Ossena, Global Product Leader of Hull and Marine Liabilities (HML), will assume additional responsibility as the North American Regional Head of HML, effective April 1, 2019.Relocating to New York from Paris…

​Maersk Introduces Value Protect

Mar 01, 2019

Maersk is expanding its commercial offering and introduces Value Protect, an extended liability solution. It offers customers an alternative to cargo insurance, increasing their chance of receiving full compensation in case of cargo damage in transit…

London P&I Club Reports Growth

Feb 22, 2019

The London P&I Club saw further growth in its mutual owned entry following the conclusion of the recent P&I renewal season.The club’s director of underwriting, Reto Toggwiler, says, “Our mutual membership saw year-on-year growth of approximately of 3…

North P&I Club: 200mGT for 2019 Renewal

Feb 20, 2019

North P&I Club has concluded its 2019 renewal and for the first time in the Club’s 159-year history, is projecting total entered tonnage to exceed 200 million gross tons.“Our 2019 renewal strategy was very clear,' said Paul Jennings, CEO, North P&I Club…

European Marine Insurance Firms Join Forces

Feb 14, 2019

Italian worldwide leading broker for marine insurance Cambiaso Risso Group has signed a strategic partnership agreement with French insurance broker Siaci Saint Honore to foster a strong positioning in their markets.The deal will be subject…

North P&I Club's Can Test Training Pack

Feb 05, 2019

North P&I Club has launched its comprehensive new series of bite-sized training packs to help seafarers avoid the contributing factors to workplace casualties, as well as unplanned events that did not result in injury, illness, or damage – but had the potential to do so…

S&P Upgrades The Swedish Club to 'A-' Rating

Jan 24, 2019

The Swedish Club has reported that on January 23, 2019, S&P Global Ratings raised its insurer financial strength and issuer credit ratings on The Swedish Club to A- with stable outlook.S&P reported that through disciplined underwriting and strong…

US Shutdown Impacts Shipping: North P&I Club

Jan 23, 2019

US Coast Guard and other federal agencies are operating at a reduced capacity following US government shutdown, said North of England Protecting and Indemnity Association (North P&I Club).Since 21 December 2018, the US Government has been in…

BREXIT: North P&I Gets OK for Dublin Brexit Hub

Jan 18, 2019

British ship insurer North has received regulatory approval from Ireland's central bank for a new subsidiary in Dublin to ensure continued access to trade in the European Union in case Britain loses single market access, the firm said on Friday…

Logistics News

Crowley Reaches Labor Deal for Isla Grande Terminal in Puerto Rico

Crowley Reaches Labor Deal for Isla Grande Terminal in Puerto Rico

US Issues Hundreds of Sanctions Targeting Russia, Takes Aim at Chinese Companies

US Issues Hundreds of Sanctions Targeting Russia, Takes Aim at Chinese Companies

Port of New Orleans Names Coates Chief Commercial Officer

Port of New Orleans Names Coates Chief Commercial Officer

Panama Canal Snarls Blamed on El Nino, Water Management Issues

Panama Canal Snarls Blamed on El Nino, Water Management Issues

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