UK regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial market, industry sources involved say.
Resolution insurance has launched a comprehensive marine insurance cover dubbed ‘Resolution Marine Cargo’ in a move to offer affordable transit policy into the market that provides a one-stop shop solution for all marine insurance needs.
President of Premier Assurance Group Charles Jorge speaks at the launch of two health insurance products to be distributed in Jamaica by partner Maritime General Insurance Brokers at the Spanish Court Hotel in New Kingston on Thursday, February 2.
Premier Assurance (PA) Group has entered the Jamaican market with two new health insurance products through a partnership with Maritime General Insurance Brokers.
Shipping and Maritime affairs department has asked local insurance firms to embrace innovation to boost their capacity to underwrite marine insurance.
For the fourth year in succession The Swedish Club has announced a zero per cent general increase for the forthcoming P&I year.
The Directors of the North P&I Club have decided, for the third year in succession, not to declare a premium increase for both protection and indemnity (P&I) cover and freight demurrage and defence (FD&D) cover at the February 2019 renewal, reflecting the Club’s continuing commitment to help its Members deal with challenging trading conditions.
The Standard Club Asia Ltd (“Standard Asia”), managed by Charles Taylor Mutual Management (Asia) Pte Ltd, yesterday entered into a co-operation agreement with Ping An Property & Casualty Insurance Company of China, Ltd (“Ping An P&C”), a subsidiary of the Ping An Insurance (Group) Company of China, Ltd (“Ping An”). Under the terms of the agreement, Standard Asia and Ping An P&C will jointly offer Protection and Indemnity (P&I) cover to China’s rapidly-growing shipowning sector, with a focus on owners undertaking ocean-going voyages.
North P&I Club has launched its new ‘Mind Matters’ campaign, including a confidential helpline for crew provided in partnership with the International Seafarer’s Welfare and Assistance Network (ISWAN).
International law firm Ince & Co LLP is delighted to announce that it has promoted Carrie Radford and Elle Young to the partnership, effective 1 November 2018. As part of their promotion they will co-lead Ince & Co’s marine insurance practice in London, an area of specialism for both Carrie and Elle.
Many factors can contribute to an unsafe berth, but a common focus after any berthing incident is whether the fenders were safe and fit for their intended purpose at the material time. Fenders have a simple remit: they should prevent the immovable object (the berth) from succumbing to the irresistible force (of the ship) without damage to either.