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The marine cyber MGA and risk manager was launched last year by ex-Standard Syndicate 1884 active underwriter Robert Dorey.
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A $300mn Dell loss is among the drivers strengthening underwriters’ resolve. -
The senior underwriter will lead a new cargo operation at the carrier, sources say.
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The P&I club said the $400mn-plus Golden Ray loss could be one of the biggest ever for the International Group.
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Generali, SIAT, Swiss Re, India International and PICC argued that the policies had an exclusive English jurisdiction clause.
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Travel restrictions and social distancing could hamper vital response efforts in the event of a casualty.
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The expansive broker adds another former JLT Re executive, intercepting Martin Stephenson’s move to Aon.
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Hickey will take up the post of cargo product line officer on 1 June.
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Sources said the insurer has struck a renewal rights deal with International Marine Underwriters.
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CEO Rolf Thore Roppestad says Covid-19 could lift claims and complicate salvage operations in the current financial year.
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As hurricane season approaches there is concern about the aggregation of risk in the area.
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A reduction in world trade is likely to shrink the premium pool, while Covid-19 could also increase losses.
