Reinsurance News
marine
Amphitrite expands Marine War offering with $40m Lloyd’s capacity
23rd April 2025
Amphitrite Underwriting London, a marine specialist managing general agent (MGA), has expanded its Marine War offering with an additional $40m in Lloyd’s capacity. The added capacity provides brokers and clients with more options and extends the reach of Amphitrite’s specialist marine products amid rising demand for Marine War cover. The Marine War ... Read the full article
Markel to acquire specialist marine MGA MECO
16th April 2025
Markel, the insurance division of Markel Group Inc., has entered into an agreement to acquire The MECO Group Limited (MECO), a specialist marine managing general agent (MGA). Founded in 1974, MECO operates across London, Dubai, and Shanghai. It provides marine insurance products and services to a wide range of global clients, ... Read the full article
DUAL Europe launches marine hub in Hamburg, strengthening European presence
15th April 2025
Specialist underwriting agency DUAL Europe has further extended its reach in the maritime insurance market by launching a new Marine hub in Hamburg, Germany. Part of the global DUAL Group, one of the world’s largest international underwriting agencies, DUAL Europe continues to strengthen its position across the continent with this latest ... Read the full article
Munich Re Specialty completes sale of GJW Direct to Ripe
14th April 2025
Munich Re Specialty, part of the Munich Re Group insurance operations, has completed the sale of boat insurance specialist GJW Direct to Ripe. The deal, first announced in October 2024, marks the transfer of GJW Direct after more than 20 years as part of Munich Re Specialty. The decision to sell ... Read the full article
Skuld appoints Thea Thorstensen & Nicola Kingman to key roles
11th April 2025
Global marine insurer Skuld has appointed Thea Thorstensen to its global business development team and Nicola Kingman as Global Head of Yachts. Thorstensen has been with Skuld for over a decade, holding various roles including Underwriter Executive, VP, Head of Underwriting for Skuld Oslo1, and most recently Senior Vice President, Head ... Read the full article
TMHCCI appoints Camilla Gower as Head of Marine and Energy Liability
6th March 2025
Tokio Marine HCC International (TMHCCI), a subsidiary of the Tokio Marine HCC group of companies, has announced the promotion of Camilla Gower to Head of Marine and Energy Liability, effective April 1, 2025. In this role, Gower will lead the team and drive growth in a key market for the carrier. ... Read the full article
Mark Engel named CEO of Marine & Energy for RSUM
24th February 2025
Ryan Specialty, a global specialty insurance firm, has announced the appointment of Mark Engel as Chief Executive Officer of Marine & Energy for its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). In this role, Engel will oversee operations, growth strategy, and positioning for the Marine & Energy practice. He will be ... Read the full article
Miller adds industry veteran Guy Pierpoint to its Marine team
28th November 2024
Independent specialist re/insurance broker Miller, has appointed Guy Pierpoint to its Marine team in a leadership role which will see him focus on business development. Pierpoint joined the broker at the beginning of the month, bringing almost four decades of experience in Marine insurance across the London and international markets. At Miller, ... Read the full article
Gallagher expands marine P&I team with key appointments
25th November 2024
Insurance and reinsurance broking group Gallagher has expanded its marine P&I team with several key appointments. James Giles has been named Divisional Director. In his new role, he will be seconded to Gallagher Singapore, where he will work with the firm’s clients, support new regional offices, and focus on expanding its ... Read the full article
AXA Climate renews parametric insurance to safeguard marine protected areas
21st October 2024
AXA Climate has announced the renewal of parametric insurance coverage for 88 Marine Protected Areas (MPAs) in the Philippines. In partnership with Blue Alliance Marine Protected Areas and Howden, this initiative bolsters the financial stability of communities and ecosystems alike. It protects over 90,000 hectares of coral reefs and ensures the livelihoods ... Read the full article
Chaucer names Nicola Miles Ports & Terminals Class Underwriter
14th October 2024
Global specialty re/insurance group Chaucer has announced the appointment of marine insurance specialist Nicola Miles as Class Underwriter Ports and Terminals. Miles joins the Marine team reporting to James Irvine, Leader of Global Hull Lines, and will be working closely with Class Underwriter Ports and Terminals, Graham Harrison. Simon Schnorr, Chaucer’s Head ... Read the full article
Colbourn joins Pen Underwriting’s TMT as UK Senior Marine Trades Underwriter
8th October 2024
Pen Underwriting’s marine business specialist, Trafalgar Marine Trades (TMT), extends its broker service capabilities with the appointment of Emma Colbourn as UK Senior Marine Trades Underwriter, effective October 8. Colbourn brings to her new role more than 25 years’ marine insurance experience and specialist knowledge. At Pen, she will focus on the ... Read the full article
Lockton launches dedicated Offshore Projects Practice
2nd October 2024
Independent insurance broker Lockton has launched a new dedicated Offshore Projects Practice to navigate complex Energy, Marine and Power risks, to be headed by Jack Swift, David Vajnai and Alex Morgan. The offshore industry faces challenges in securing capital and insurance due to the costly claims profile of offshore wind and ... Read the full article
TMHCCI adds Howden’s Fox to Marine Special Risk team
20th September 2024
Tokio Marine HCC International (TMHCCI), is strengthening its Marine Special Risk team with the appointment of Victoria Fox as Marine Special Risks Senior Underwriter. She will be taking over her new role with immediate effect. TMHCCI launched the Marine Special Risks team in February 2024, with Paul Knighton spearheading the offering, ... Read the full article
Sedgwick expands global marine offerings, appoints Adcock as Global Practice Leader
14th August 2024
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has announced the expansion of its global operations to support the sector's changing needs. As part of the expansion, the firm has appointed Ronnie Adcock, who has been with Sedgwick for over 25 years, to the role of Global ... Read the full article
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