Flood Insurance

RMS Estimate Costs of Typhoon Jebi at over US $3 Billion

RMS, a global risk modelling and analytics firm, has estimated that the insured loss for Japan from Typhoon Jebi will be between USD$3 billion and $5.5billion (¥340 to ¥620billion). This estimate is based on analysis of […]

Lloyd's/London Market

Munich Re Expands Underwriting Team

Munich Re Specialty Group Ltd. (MRSG) of London is pleased to announce two additions to lead its expanding underwriting team. Steven Weiss has assumed the role of Senior Vice President/Chief Underwriting Officer of Ocean and […]

Lloyd's/London Market

BIBA Launches New Drone Insurance Product for UK Market

More drones are being used for commercial reasons than ever before; building site safety and inspection, post-fire or flood investigation and photography of course. Now here’s some useful news for any company looking to cover […]

Lloyd's/London Market

Lloyds of London News: Lonmar and Ropner To Merge

Leading independent Lloyd’s brokers, Lonmar Global and Ropner Insurance confirm the merger of the two businesses with effect from 31 July 2018. Lonmar and Ropner are both long standing, highly respected Lloyd’s brokers and are […]

Insurance Regulation

Compliance News: UK P&I Club Moves From Paper to Online Exams

Laura Grant, Claims Executive at UK P&I Club, discusses the recent changes to the P&IQ Exam and explains why it holds such merit for those entering the industry: “Speaking as a claims handler who did […]

Global insurance trends

Marine Insurance: Lessons Learned from Ship Transfer Oil Spillage

Some news from the UK P&I Club; Senior Loss Prevention Executive, David Nichol at UK P&I, discusses the lessons learnt from a recent incident involving the failure of a cargo hose, resulting in an oil spill: […]

Global insurance trends

Marine Insurance: UK Defence Club Financial Results

The UK Defence Club, the leading provider of FD&D (legal costs) insurance to the maritime industry, announces its financial results for the year ended 20 February 2018. Highlights: Ships entered totalled 4,200, an increase of […]

insurance marketing

P&I Club Launch Safety Competition with $50,000 Prize Fund

UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, has today launched its ‘Investing in a Safer Tomorrow’ competition to coincide with its 150th anniversary. The competition, which […]