The Lloyds’s Market Association (LMA) has joined central banks and other financial instiutions in preparing for a possible euro zone exit. It has issued a “note” giving insurers and brokers guidance on what they should be prepared to do in …
Pirates have attacked a ship off the coast of Nigeria for the second time in as many days, but the attackers were thwarted in the latest incident by a quick-acting crew, an international maritime watchdog said Thursday. The pirates opened …
The waters off West Africa’s coast are now a constant danger for those shipping goods and crude oil in the region, analysts said the day after pirates killed two sailors near Nigeria’s coast. Despite pledges by nations to patrol the …
Ben Baker, the Lloyd’s Market Association’s (LMA) former Senior Underwriting Executive, has been promoted to the role of the organization’s Professional Standards Manager. He will take over from Terry Hayday, the LMA’s Head of Professional Standards, when he retires next …
London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing “victory or death” advanced towards the major …
