Marine

UK marine mutuals in merger talks

The North of England P&I Association and Sunderland Marine Mutual Insurance have confirmed they are in talks over a possible merger.

Lancashire delivers 58.8% H1 COR

Bermudian insurer and reinsurer Lancashire has reported a combined ratio of 58.8% for the first half of the year, and 66.9% for Q2.

Marsh and AGCS launch claim promise

March and Allianz Global Corporate & Specialty have committed to provide rapid access to working funds for the joint clients in the event of a major claim.

Shipping collaboration generating insurance opportunities

Wider collaboration between shipping companies could provide opportunities for insurers after the formation of an operational alliance that will see three firms share capacity on Trans-Atlantic, Trans-Pacific and Asia-European shipping lanes.

Hong Kong's marine challenge

Hong Kong’s marine insurance industry is facing a growing challenge from its regional rivals. Nicky Burridge investigates why.

Hellenic P&I club waives 50% of annual premium

Members of the Hellenic War Risks Club will pay 50% less for war risks insurance in 2013 following a decision by club directors to waive the second installment of the annual premium.

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