The U.K. subsidiary of Germany’s Gerling Group announced that it had launched “Oilsure,” an Internet-based trading system for oil cargo insurance with an initial capacity of $50 million, through Lloyd’s syndicate 1206, which Gerling manages.
The system offers 24 hour access to quotations covering shipping and storage, and incorporates ratings on vessels and shipping routes.
Was this article valuable?
Here are more articles you may enjoy.
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar 
Jamaica Catastrophe Bond Has Now Triggered, Government Says 
Satellite Data Reveals Hurricane Melissa Damage in Jamaica 
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports 
