Insuring ships against piracy could become more expensive and subject to tighter conditions after the hijacking this week of oil tanker Irene SL, one of the most long-range attacks to date by Somali pirates. Analysts say the incident, some 1,000 …
Fraud is a fact of life for the insurance industry – part of the game so to speak. While some claims, as Lloyd’s notes in an article on its web site, may cause people to smile, the amount of money …
Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development in Virginia, North Carolina, South Carolina, Georgia, Florida, …
No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt, a senior official with London’s marine insurance market said on Monday. “We are not seeing anything that would give us …
No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt, a senior official with London’s marine insurance market said on Monday. “We are not seeing anything that would give us …
The next step in the launch of the UK’s Managing General Agents’ Association (MGAA) was successfully achieved this week, following the final meeting in a round of consultative discussions with key stakeholders, which “concluded successfully,” said an MGAA bulletin. The …
As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about them. …
The Bermuda-based Argo Group International Holdings has appointed Andrew Carrier to the newly-created position of group chief underwriting officer. In this expanded role he will oversee underwriting across Argo Group’s worldwide operations and will report to Argo Group CEO Mark …
