News

Concirrus Joins Forces With TransRe on Marine Insurance Project

Concirrus, the marine analytics insurtech company, has agreed to work with TransRe, the global reinsurer, to jointly develop innovative data-driven reinsurance programmes for marine insurers worldwide. The teams will use Quest Marine data and analytics […]

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 […]

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 […]

Global insurance trends

Marine Insurance 2017: Hurricanes Hit a Soft Market For Six

2017 Review – Insurance In The Eye of The Storm Here are some comments looking back at the turbulent events of 2017 which affected marine insurance, plus the knock-on effect for those in the commercial […]