Insurance, Legal and Finance
-
Britannia P&I Club expands into Denmark
12/09/2018The Britannia P&I Club has underlined its commitment to the Danish P&I market by opening a new office in Copenhagen to serve the Danish insurance market. READ more
-
Doubling volume in a decade
24/08/2018Following strong 2018 half year results, maritime insurer The Swedish Club currently insures some 2,700 ships on H&M and has doubled its volume in P&I over the last decade to in excess of 50 million gross tonnes. READ more
-
Close Brothers appointment
23/08/2018Close Brothers Aviation and Marine finance team has appointed a Marine industry specialist, James Crew, as its new Sales Director. READ more
-
The Hartford to acquire Navigators
23/08/2018Maritime insurer The Navigators Group has announced that it has entered into a definitive agreement to be acquired by The Hartford Financial Services Group in an all-cash transaction that values Navigators at approximately $2.1 billion. READ more
-
Specialist marine trades broker acquired
23/08/2018A UK based specialist marine trades broker has been acquired by a privately-owned insurance giant for an undisclosed sum. READ more
-
Maritime training puts lawyers to the test
07/08/2018Shipping lawyers from UK-based Myton Law have been put through their paces at a maritime training session in order to gain valuable insight into their work with maritime, cargo and personal injury cases. READ more
-
Warning to check cyber insurance wording
07/08/2018The market for cyber business interruption cover is complex and the protection offered by different policies can vary widely so it is important to check policy wording carefully. READ more
-
Noreco loses US$470m Siri oil platform claim after 10-year dispute
11/05/2018Noreco has lost its court case against a group of 20 insurance companies regarding a US$470m claim for damage to the Siri oil platform that dates back to 2009. READ more
-
ITIC helps limit naval architect’s exposure after survey vessel capsizes
03/05/2018In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following the sinking of a hydrographic survey vessel which READ more
-
Caution remains the watchword for global marine insurance, says IUMI
29/03/2018Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives expert opinion on the current state of the hull, cargo and offshore energy READ more