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.
Reputation is key to success for Europe's MGAs: Alta Signa’s Dubbioso
Brand reputation may cushion individual mis-steps by traditional insurers, but underwriting decisions by MGAs reflect directly on their business and people, head of marine at Alta Signa, Francesco Dubbioso, says
Britannia P&I club downgraded by S&P Global
International Group affiliate said to ‘lag behind peers’ on underwriting performance
Japan Club sets out renewal stall
Only Asia-based International Group affiliate announces 2025 pricing
NorthStandard and Noord Nederlandsche insist partnership is win-win
Tie-up between International Group giant and local minnow designed to benefit both sides, executives say
S&P Global upgrades London Club
Outlook at 10 out of 12 International Group affiliates now seen as stable by rating agency
Piracy exposure increases in Somali basin because of Red Sea diversions
Rerouting to avoid Houthi aggression has doubled traffic along the international shipping lane through the Indian Ocean and off the coast of Somalia
Marsh confirms soft hull renewals
Hull and machinery underwriters reportedly struggling to hit premium targets
Managing geopolitical risk in unprecedented times
From conflicts in Ukraine and the Middle East to emerging threats from China and the US, few underwriters have faced a geopolitical landscape as dynamic as it is now
Maritime incident under-reporting is a recurring issue
The IMO’s Maritime Safety Committee has recently adopted new reporting requirements for containers lost at sea, which are due to take effect in January 2026
Underwriting profits surge for top Lloyd’s MAT writers
Munich Re, QBE and Beazley outperform in Lloyd’s marine and aviation business
P&I clubs take latest UK dark fleet sanctions in their stride
No targeted vessels thought to be entered with International Group affiliates
Taking a proactive approach to super-yacht casualties
Insurers are increasingly focusing on working with the super-yacht industry to reduce the number of vessel casualties
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