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…
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 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…
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 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…
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…
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 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…
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 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…
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 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…
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 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…
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…