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Home News Maritime Insurance

Maritime Insurance

GIA eyes marine cargo and hull insurance business

GIA eyes marine cargo and hull insurance business

MEMBERS of Singapore's General Insurance Association are targeting growth in marine cargo and hull business as they are more profitable than many other business lines.

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Another sort of surge

Another sort of surge

THERE will be absolutely no surprise at the total and partial loss statistics just revealed by the International Union of Marine Insurance, although the alarm which they convey cannot be denied.

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Casualty figures ‘dangerously’ high, warns IUMI

Casualty figures ‘dangerously’ high, warns IUMI

BOTH actual total losses and lesser casualties have increased rapidly over the last two years, dramatically reversing recent trends, according to new statistics released by the International Union of Marine Insurance.

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Why it’s a Scream for owners at renewal time

Why it’s a Scream for owners at renewal time

"Not a pretty picture" is the verdict of broker Aon on the recent insurance negotiations. THE word out among marine mutuals and their shipowning members is that the 2008 renewal round last month was tough - very tough indeed.

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Shipowners switch clubs as renewals get tougher

Shipowners switch clubs as renewals get tougher

Aon chief points to 'stern line' by insurers. A HIGHER than usual number of large shipowners switched clubs amid tough negotiations surrounding protection and indemnity policy renewals, according to the global broker Aon.

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More Articles...

  1. Few tears for Spitzer in a market he helped change
  2. Hardy upbeat despite challenging year ahead
  3. Terrorist shift targets shipping and energy
  4. Insurers are technology ‘Cinderellas’

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