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Marine Insurance

Marine insurance is experiencing a period of rapid change, with a prolonged struggle to deliver underwriting profit forcing companies to reevaluate their proposition and the need to modernise. The class of business on which Lloyd’s was founded, the marine market is now navigating through a transitional period as it embraces technological reform and looks to rebuild its profit margin against a challenging operational backdrop.

Marine

Hull renewal season looking good for shipowners

Glut of new managing general agencies ready to undercut incumbents, market sources report

International Renewals

Shipping’s ageing fleet and mounting crew crisis heighten systemic risks for insurers

Maritime industry continues to push the global fleet to its limit, playing a dangerous game of Russian roulette with crew, oceans, cargo – and insurers’ portfolios

International Marine

H&M premiums fairly priced at present: Miller’s Townsend

Marine insurance veteran rejects rival broker’s claim hull and machinery underwriters have it ‘too good’ right now

International Specialty

Continental marine brokers overcoming Brexit disruption: Alta Signa

Loss of Bayesian will have market effect beyond super-yacht niche, Francesco Dubbioso, MGA's head of technical underwriting, marine, says

Brexit Europe

QBE set to launch US inland marine offering

Insurer expands specialty offering with hire of team from AIG

North America United States

Black Sea war risk rates heading north following Russian attacks

Insurers fear there might be a deliberate shift toward targeting merchant vessels

Russian Federation Ukraine

Hull underwriting profits are ‘too good’ right now: Marsh's Nevill

Brokers still play vital role despite rise of disintermediation, broking giant’s chief executive of UK marine and cargo insists

International Marsh

P&I club net income per gross tonne hitting all-time highs: Marsh

Run of rate increases in recent years ‘overdone’, according to biggest marine broker

International Specialty

Gard holds on to top slot in P&I club market share ranking

Norwegian marine mutual remains the largest protection and indemnity club, despite NorthStandard merger, analysis by Tysers finds

International Marine

Pine Walk launches specialty reinsurance MGA

Silverflame Re will focus on marine, energy and composite and credit and surety

Marine Distribution

Insuring the maritime sector’s voyage to net zero

Insurers have a crucial role to play in directing shipowners away from fossil fuels

International Marine

BP Marsh invests in CEE Specialty

Insurance-focused private equity firm acquires a 44% stake in marine hull, bonds and liability-focused underwriting agency

Europe Specialty
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