-
The appointment follows the departure of Richard Spencer to marine war MGA Vessel Protect. -
The Suez Canal Authority has received a new compensation offer from the ship’s owners and insurers.
-
The marine market fears a multi-hundred-million-dollar loss to result from the sinking of the ship.
-
The move follows a reduction in MS Amlin’s Lloyd’s hull appetite, and the departure of underwriter Andrew Davies.
-
Staff movement has been high in the sector, as new capacity returns to the market after years of correction.
-
Personnel displacement is high in the cargo market amid improving conditions in the sector.
-
Personnel displacement is high in the cargo sector following several years of rating correction.
-
The Suez Canal Authority has asserted the March grounding was entirely the fault of the ship’s captain.
-
The sinking of the vessel will cause claims across the P&I, hull and cargo markets.
-
The carrier aims to “revolutionise’ writing of marine war and breach call risk.
-
The company appoints Muriel Birre Julvécourt, who has more than 25 years’ industry experience, as head of marine.
-
The veteran marine underwriter highlighted “strong” cargo rates but acknowledged the structural challenges facing hull pricing.
