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.
What the delay to the IMO’s Net-Zero Framework means for marine insurers
Insurers must be aware of how to support their insured clients in navigating the rapidly changing regulatory landscape and the transition to new fuels
Markel promotes Davies to London market MD
Davies takes charge of Markel’s newly formed London market business following restructure
Roppestad confirmed as chair of International Group
Gard chief executive takes over from Britannia’s Cutler
MS Amlin court win sets major precedent for English contract law
Marine insurers entitled to rely on pay to be paid rule
P&I rate hike offset by double cashback at Gard
Largest marine mutual is fourth club to show renewal hand
P&I clubs set to modestly hike rates: Gallagher
Hard market will likely continue after 2026
Howden launches marine business in Japan
Brokerage expanded into Japan last year
UK Club demands large rate hike
Third P&I insurer confirms substantial general increase next February
Global marine premiums climb to $40bn
Global marine premiums rose slightly in 2024, as steady results in the hull and cargo markets offset an 8% drop in offshore energy, according to the International Union of Marine Insurance
Shipowners’ Club weighs in with rate hike
Small craft specialist seeks general increase, with big increase in deductibles at next renewals
P&I clubs accused of taking ‘Pontius Pilate approach’ to pool scheme
Claims reporting sometimes delayed to flatter financial statements, broker claims
IGI names Barnes head of specialty treaty
Former MS Amlin executive will focus on building carrier's specialty treaty portfolio in marine, energy and political violence lines
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