Maritime Insurance

Marsh grabs Vela account

Written by TVT Marine Sunday, 08 February 2009 23:05

The world's largest insurance broker has taken on a Saudi oil major. A hotly contested beauty contest to place the full insurance programme for leading tanker owner Vela has been won by the Marsh broking group.

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Dangers of Chemical Cargo Misdescription

Written by David Tran Saturday, 27 December 2008 11:20

The London P&I Club reported that one of its members recently suffered an onboard fire as a result of the wilful misdescription by shippers of a chemical cargo. London P&I warns that there is a danger of further such incidents occurring, given the nature of modern transport logistics.

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Standard & Poor puts Nemi and parent on credit watch

Written by David Tran Tuesday, 10 June 2008 14:42

RATING agency Standard & Poor's has thrown a further question mark over the financial health of Scandinavia's recent marine insurance entrants, with Oslo-based Nemi Forsikring placed on credit watch.

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New Swedish Club chief plans to trya new tack

Written by David Tran Monday, 09 June 2008 08:07

Rhodin wants insurer to focus more on business developmentand marketing. THE Swedish Club, the mutual insurer based in Gothenburg, gets a change of leadership at the end of this month when Lars Rhodin becomes managing director nofollowing the retirement of Frans Malmros.

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Norwegian Plan still a firm favourite with shipping firms

Written by David Tran Monday, 02 June 2008 08:29

THE Norwegian Plan is the backbone of the Nordic insurance market whose clarity and coverage is a winning formula that is attracting business from rival centres such as London.

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