Maritime Insurance
International insurers flock to Germany
AN increasing number of international marine insurers are interested in strengthening business ties with German owners by locating their underwriters in Germany. "We get a lot of requests from insurers who want to write business out of Germany," said Knut Remhof, head of the German branch of broker ...
Food cost hikes risk civil unrest
RISING global food prices threaten civil unrest and trade disruption in many regions of the world, according to specialist marine mutual The Strike Club. Crew quality hits marine claims
Norwegian Hull Club figures show that human error is behind alarming rise in accidents. HARD statistical evidence has emerged from one of the leading marine insurers, the Norwegian Hull Club, directly linking the rise in the number of accidents at sea with human and navigational error.
Reinsurers feel squeeze in waning market
GLOBAL broker Willis Re in its latest report on the state of the sector saysthat the first three months of the yearhave brought an increasingly competitive market for a confident reinsurancesector.
