Insurance
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Pool scheme deficit ‘nowhere near’ worst projections, says Bowsher
West of England chief executive expects to see combined ratios at some rivals considerably above 100% mark
West of England blames pool scheme for combined ratio overshoot
Capital strength described as resilient after good investment returns
Marine insurers underwriting Russia tanker calls after crude prices drop below cap
Shipowners more confident doing such fixtures without risk of inaccurate attestations, says P&I club lawyer
Marine insurance: no direction home for rates in second half
Unsustainable markets are not in shipowners’ long-term interests, brokers insist
India/Pakistan tension could already trigger BIMCO war risk threshold
Pakistan designated a listed area by Joint War Committee
Nobody knows how to put out EV fires on ships, experts admit
Still using old school ‘dash and splash’ approach to vehicle carrier blazes won’t work on the latest generation of cars
ITIC: marine liability cover for men in suits, not men in boilersuits
Desk jockeys of the world, relax. Tom Irving has your back.
Record premiums at Shipowners’ Club
Insurer’s success was sufficient to enable a price freeze at the last renewal, with all other clubs seeking increases of at least 5%
Singapore court decision provides case law on Insurance Act wording
Ruling establishes meaning of ‘term defining the risk as a whole’ under s.11 of 2015 legislation
Danish shipowners endorse plan for state-backed hull war risk insurer
Steffensen says domestic industry needs facility it hopes will never have to be used
Mobile phone addiction causing fatal casualties, Gard warns
World’s largest marine insurer echoes the concerns of MCA, USCG and AMSA
Aon expands marine expertise with Atlas acquisition
Global broker acquires Israeli marine and cargo specialist Atlas Insurance Agency
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