Global insurance trends

Marine Market: Shipoil Streamlines Online Trading & Supply Operation

The Greece-based global bunker fuel and marine lubricants trader Shipoil has appointed Inatech, a unit of Glencore, to digitalize its trading and supply operations as part of a strategy to prevent new low-sulphur emissions rules […]

Global insurance trends

Marine Insurance Costs Set to Rise as Persian Gulf Drama Plays Out

Jonathan Moss, head of transport and marine at global legal business, DWF,  comments on the seizure of the British vessel in the Persian Gulf and the subsequent impact on insurance premiums. He said: “The seizure […]

Global insurance trends

US Market: Geico Launches Bespoke Jewellery Insurance Product

One of the big names in the US insurance market, especially car cover, Geico has recently launched a specialised jewellery insurance product. Homeowners or renters are eligible to take out policies, which may cover jewellery damage or loss up […]

Global insurance trends

Global Trends: Rocky Ride Ahead for Investors, Warns Time Investments

Gold bullion has been on an upward curve for the last couple of months, which is often an indicator that the wealthy are heading for shelter when it comes to investments. But what lies ahead […]

Global insurance trends

Aon Partners With Oxfam & Etherisc on Micro Insurance Scheme

Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions; Oxfam in Sri Lanka, the organization working to alleviate poverty; and Etherisc, the InsurTech startup developing a protocol for decentralized […]

Global insurance trends

Marsh Announces Deal with El Al on Aircraft Finance Insurance

Marsh, the world’s leading insurance broker and risk adviser, today announces that EL AL Israel Airlines Limited (EL AL) is the first airline to access its Japanese Aircraft Finance Insurance Consortium (Japanese AFIC) to support […]

Global insurance trends

Global: Labuan & Tricor Sign Memo to Sharpen Focus on China Co Opportunities

Labuan International Business and Financial Centre Inc Sdn Bhd (Labuan IBFC Inc.) and Tricor Group (Tricor) have inked a Memorandum of Understanding (MoU) that will enable both parties to mutually strengthen Labuan IBFC’s marketing outreach […]

Global insurance trends

Average Cargo Theft Costs Around $77K, Says TT Club Survey

TT Club and BSI have issued the second edition of their report on global cargo theft, the first to cover a full year.  Highlighted findings include: theft from road vehicles once more accounts for the […]