Understanding and Planning for Exporters’ Risks While Cargo Is In Transit In the world of foreign trade, making the sale is only half the battle. Once the sale is completed, the arduous process of getting the merchandise from the seller …
“Poor packaging by the fashion industry could mean that insurers refuse to pay claims for damaged goods in transit – not to mention that replacement clothing and accessories are unlikely to be delivered in time to catch the season,” warns …
Rolf Tolle, Lloyd’s Franchise Performance Director, speaking at the International Union of Marine Insurers’ Conference in Vancouver, noted that low inflation, huge rises in commodity prices and the growth of import-export activity of emerging economies have boosted the marine and …
The United States is discussing with allies how insurance firms can more rigidly apply sanctions on Iran to step up pressure over its disputed nuclear program, a senior U.S. Treasury official said on Tuesday. Stuart Levey, Treasury undersecretary for terrorism …
The AIG Companies introduced Global Supply Secure, insurance that helps mitigate the financial impact of supply chain disruptions. Jointly developed with Marsh, Global Supply Secure will be underwritten domestically by Lexington Insurance Company, a unit of AIG Commercial Insurance, and …
American International Group sees China becoming a much larger part of its general insurance business within the next five years, Nicholas Walsh, executive vice-president of the foreign general insurance division, said Wednesday. Walsh, a 35-year veteran of the giant insurance …
N2 | Washington Report House Subcommittee Moves Key Federal Bills N4 | Insurers Bitten by $350 Million in Dog Claims Average Liability Claim Tops $24,000 N6 | Conning: Insurers’ Financials Strong, Despite Price Deterioration Predicts Negative P/C Environment in Next …
Primary and excess property insurance Contractors: Primary and excess liability coverage for general contractors, subcontractors and all construction trades for construction, building, demolition or renovation. Also Owners Contractors Protective, primary and excess liability purchased by a contractor to protect the …
Agents say that the search of the admitted market ends up being just a time-waster for them and their clients. They already know which risks their insurers will accept and not accept. Insurance agents and brokers from across New York …
Boston-based AIR Worldwide Corporation has announced the release of updates to its CATRADER®, CLASIC/2™ and CATStation® catastrophe risk management systems. “The version 10.0 releases include a number of significant software enhancements such as quicker import of insurance-linked securities, storage and …
