Marine
University launches post-graduate degree in insurance law
Queen Mary, University of London has launched what it claims is the first post-graduate course solely dedicated to insurance in the UK.
Iran insures South Korean refiner hit by sanctions
South Korean firms are loading Iranian crude again after a gap of nearly two months caused by the European Union embargo on insurance cover.
Kennedys in Dublin recruits Hugh Kennedy
Litigation and dispute resolution specialist Kennedys has appointed Hugh Kennedy as a partner in its Dublin office.
Tysers P&I report predicts market hardening
Rates for protection and indemnity cover could harden by 10% at the next renewal, according to the 2012 P&I Clubs report published by Lloyd's broker Tysers today.
Airmic members back commercial insurance law overhaul
The vast majority of Airmic members have backed the risk manager association's support for reforming the legal framework for commercial insurance - the 1906 Marine Insurance Act.
An opportunity for better risk management and growth in India
As the Indian property and casualty market continues to evolve, Dr Vankayalapati Padmavathi explores how the market is now looking to develop solutions to cater for those who are exposed to catastrophic risks, but are too poor to afford insurance.
IUMI: Marine insurance market at "bottom of the pricing barrel"
Marine insurance brokers have been urged to warn clients that increases in rates and deductibles are on the way as part of the industry's push to escape the soft market cycle.
IUMI: Insurance industry acted responsibly during economic meltdown
The economic crisis will create opportunities for the global insurance and reinsurance market if it can deliver "true resilience", delegates at the International Union of Marine Insurance annual conference have heard.
Overcapacity constraining cargo market
Soft market rates caused by overcapacity continue to act as a constraint on the global cargo insurance market, despite some significant losses.
IUMI 2012 preview: The agenda
Despite positives for the sector, including a reduction in piracy, this year's International Union of Marine Insurance conference in San Diego looks set to be dominated by the loss of the Costa Concordia.
Post magazine - 13 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Iran praises sanctions for kickstarting insurance market
Iran's insurers are ready to offer cover to foreign ships traveling through Iranian waters, according to Seyed Karimi, president of Iran's insurance regulator Bimeh Markazi.
RSA enters P&I market with start-up Lodestar Marine
RSA has teamed up with protection and indemnity start-up Lodestar Marine for a new fixed premium P&I venture.
UK P&I Club restructures ahead of Solvency II
The UK P&I Club has reorganised its structure to establish UK Europe as the sole provider of direct insurance business to UK Club Members.
Markel hires ex-RSA marine underwriter Cannock
Markel International has appointed Matthew Cannock, pictured, as marine underwriter for its Singapore office.
Markel appoints Cannock as marine underwriter for Asia-Pacific
Markel International has appointed Matthew Cannock as marine underwriter in its Singapore office.
Charles Taylor revenue strong and steady at £53m despite 'subdued' claims environment
Insurance business Charles Taylor Company delivered a stable performance during the first half of the year, with a flat revenue of £53m (2011:£49.3m), thought to be due in part to a series of one-off charges and a "subdued" energy claims environment.
Iran offers fully insured ships to would-be crude buyers
The National Iranian Oil Company has offered India the use of fully insured Iranian vessels to use when importing Iranian oil, according to reports.
Supply chain problems and insurer solutions
There is a common belief that supply chain claims are linked most often to natural disasters, but research shows that this is not true. Jacqueline Legrand explains why highlighting this myth to customers can go a long way to mitigate against the real…
Pinsent Masons partner joins Plexus Law
A partner at Pinsent Masons has left the firm after 20 years to join the professional indemnity team of insurance law specialist Plexus Law.
Chaucer appoints new cargo class underwriter
Specialist Lloyd’s insurer Chaucer has appointed Geoff Wilkinson, pictured, to cargo class underwriter in the marine division of Chaucer Syndicate 1084.
Indian insurers set to agree $50m of cover for Iranian oil ships
Indian insurance companies look likely to agree to $50m cover per voyage with Iranian crude oil on risk for collision and spills.
Markel International returns to underwriting profitability and COR of 84%
Markel Corporation has reported gross written premiums of $514m for the six months ended 30 June 2012, compared with $483m for the first half of 2011, and a combined ratio of 93% for the six months compared with 107% for the same period in 2011.
South Korea poised to resume loading Iranian crude
South Korea and the National Iranian Tanker Company are rumoured to be close to a deal that could see the Asian nation resume the loading of Iranian crude before the end of September.