Reinsurance News
marine cargo
MS Amlin & GIC Re reinsure India’s first domestic P&I market entry
19th June 2018
State-backed New India Assurance recently announced the launch of protection & indemnity (P&I) cover for the inland and coastal vessels, starting with local routes, with reports citing GIC Re and MS Amlin as its reinsurance partners. The protection is reportedly the country's first P&I cover by a domestic insurance company, and ... Read the full article
RTG’s Limehouse acquires Corporate Underwriting agency
11th June 2018
Limehouse Agencies, the MGA subsidiary of RFIB’s Risk Transfer Group Limited (RTG), has announced the acquisition of Corporate Underwriting Ltd (CUL), a specialist marine underwriting agency and Lloyd’s coverholder. The acquisition of the Dublin-based CUL forms part of RTG’s (formerly CCP TopCo) new corporate strategy, which was outlined in May ... Read the full article
Jonathan Humm joins AEGIS London from Hiscox
22nd May 2018
AEGIS London has secured Jonathan Humm as new Class Underwriter for their Marine Hull team. He joins from Hiscox, where he was Deputy Hull Underwriter for close to a decade. Jonathan Humm’s career in the marine insurance sector spans 12 years. After leaving university he joined Marsh in 2005 as a ... Read the full article
North P&I Club expands Cargo Claims team with new Deputy Director
9th May 2018
North P&I Club, the UK-based marine mutual liability re/insurer, has expanded its specialist Cargo Claims team with the appointment of David Richards as Deputy Director, Cargo. Richards joins North from commercial law firm Ince & Co, where he has worked since 2007, most recently as a partner. He is a specialist in ... Read the full article
XL Catlin adopts online marine claims reporting tool for North America
23rd March 2018
XL Catlin has adopted an online claims reporting tool to enhance marine insurance claims reporting in North America. Powered by RightIndem, XL Catlin’s new reporting tool streamlines the notification of loss process, enabling clients to immediately share details and visual information about an incident to start the claims management process. Anne Marie Elder, ... Read the full article
Skuld reveals 9.4% growth in 2018 P&I renewals
26th February 2018
Marine insurer Skuld has revealed a 9.4% net increase in mutual P&I gross tonnage from 2017 to 2018 following January renewals which completed on 20th February. Skuld's continued growth in the January renewals brings its mutual P&I tonnage to 92 million gross tonnes (GT), and includes committed tonnage for delivery throughout 2018. Ståle Hansen, ... Read the full article
Willis Towers Watson names Patrick Murphy as Global Head of Cargo & Specie
10th January 2018
Willis Towers Watson has named Patrick Murphy, who joins from a role as Global Marine Practice Leader at Integro, as Global Head of Cargo and Specie within its Marine Corporate Risk and Broking Division. Murphy will lead client management, technical, placement and risk management specialists, supporting Willis Towers Watson marine clients in risk ... Read the full article
Neon Italy launched with marine lines partnership
24th October 2017
Neon Italy has partnered with broker Cambiaso Risso in a joint venture to grow its marine books of business by targeting Hull and Cargo business underwriting in Italy. The broker will have a minority shareholding in the venture, which aims to grow Neon's marine portfolio by connecting its risk solutions with ... Read the full article
Joe Mellen joins Antares from Sompo Canopius as Marine Cargo Underwriter
26th September 2017
Lloyd's of London independent managing general agent (MGA) and member of QIC Group, Antares, has named Joe Mellen Marine Cargo Underwriter, effective immediately. Mellen brings over 35 years of industry experience to Antares and joins from Sompo Canopius and, in his new role will report to Henry Maughan, Class Underwriter, Marine ... Read the full article
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