The majority of all auxiliary engine damage takes place immediately after maintenance work in vessels, according to an investigation by The Swedish Club, a protection & indemnity marine insurer. A key finding is that 55 percent of casualties occur within …
Canada’s Eagle Underwriting Group Inc. has teamed up with MS Amlin Marine NV, trading as RaetsMarine, to offer protection & indemnity (P&I) and charterers’ liability insurance in the Canadian marine market. Established in 1996, Eagle Underwriting is a Brampton, Ontario-based …
Sompo Canopius Re announced the appointment of Christopher Gray as head of P&I reinsurance, effective immediately. Gray, who joins from Swiss Re, reports to Andy Gladwin, global head of marine treaty. Sompo Canopius Re already plays a leading role in …
Underwriting discipline in the marine protection and indemnity (P&I) sector will be tested over the February 2016 renewal period due to market and competitive forces buffeting the sector, according to report published by A.M. Best. Free reserves are at record …
A report from Willis Group Holdings notes that “despite P&I Clubs announcing that they are trying to achieve on average two percent increases in premium, ship owners with good records can look forward to reductions in premiums for protection and …
