Marine
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HDI Global names new marine cargo head in UK
HDI Global has appointed Hannah Brooke as head of marine cargo underwriting for the UK and Ireland. She will join…
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Miller appoints business development leader in marine team
Guy Pierpoint has been appointed to Miller’s marine team in a leadership role focusing on business development. He will have…
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Shipowners Club bucks P&I renewal rate hike trend
Protection and indemnity (P&I) insurer the Shipowners Club said it will not increase rates for 2025 at renewal in February,…
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P&I clubs NorthStandard and Noord Nederlandsche sign partnership
UK-based protection & indemnity club NorthStandard has formally partnered with Noord Nederlandsche P&I Club (NNPC) in an arrangement that will…
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Everest expands in Italy
Everest Group has said it will expand its European operations with the launch of an insurance business in Italy. Everest…
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New senior underwriter, marine cargo at Markel
David Pressman has been appointed as senior underwriter, marine cargo at Markel. The insurer said he will service new and…
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NorthStandard warns members of 5% rate increase
P&I club NorthStandard has announced a 5% general increase on premium rates for 2025/6, driven by both the number and…
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EC adopts new laws to support safe, clean and modern shipping
The EU Council has adopted four new pieces of legislation under the so-called maritime safety legislative package, which is designed…
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Strike at Montreal port to cost $55m per day: Russell Group
Industrial action at Montreal port will cost the Canadian economy $55m per day, according to the latest estimate from data…
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Decarbonisation leading to sustainable shipping future
Decarbonisation for the marine sector is a voyage, much like the evolution from sails to steam to bunker oil, according…
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Amrae forecasts smoother renewals for French companies as hard market ends
French risk managers are set to face more favourable conditions at forthcoming January renewals as the commercial insurance market stabilises…
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Gard sets 10% discount for P&I renewals but warns rates will rise
Norwegian marine mutual Gard said it expects protection and indemnity (P&I) premium rates to increase 4% next year but is…
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P&I Clubs to raise rates as claims re-emerge, says S&P
The International Group of Protection and Indemnity Clubs (IG) is expected to increase rates by an average of close to…
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IUMI reveals 2023 growth in global marine insurance premiums
Global marine insurance premiums grew by 5.9% in 2023 to $38.9bn, with growth seen across all lines of business, according…
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QBE launches US inland marine offering
QBE International Markets is to launch a new US inland marine offering by 2025 across all 50 states. The new…
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Munich Re expands primary specialty business to Spain
Munich Re Specialty has announced its expansion into the Spanish primary specialty market from 2025. The company said Spain will…
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Lockton launches dedicated offshore projects practice
A dedicated offshore projects practice to help navigate complex energy, marine and power risks has been launched by Lockton in…
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Sompo expands marine underwriting to UK regions
Commercial P&C insurer Sompo will now underwrite marine cargo as well as transport and logistics policies across the UK for…
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IUMI calls for loss prevention to underpin net-zero drive
A comprehensive loss prevention programme must underpin efforts already underway to decarbonise the marine sector and wider society, IUMI delegates…
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Verlingue launches Lloyd’s-registered European broker
Corporate broker Verlingue, part of the Adelaide Group, has unveiled both a new operation for European clients and a specialist…