Marine hull war risk insurance normally covers only physical loss or damage to a vessel. Such policies often exclude losses that arise merely out of a ship or cargo’s delay, if no physical damage ...
Weather shocks are colliding with tighter capacity, bigger vessels and rising claims costs, leaving brokers with a harder conversation to have from Far North Queensland to WA ...
Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives expert opinion on the current ...
Yacht insurance is an essential consideration for anyone who owns or is planning to purchase a yacht. Given the significant investment involved, yacht insurance protects the owner against a range of ...
XL Group plc’s (NYSE: XL) North American Marine business expands its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters ...
Aug 21 (Reuters) - Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-metre-long (184-ft) sailboat, that was hit by a ferocious storm on Monday, sinking off the northern ...