Marine

Skuld senior executive Claes Lindh is set to retire, according to a statement from the Norwegian protection and indemnity (P&I) club.

Aon is fighting a lawsuit that is seeking more than NZ$528mn ($364.7mn) in damages related to the 2010/11 Canterbury earthquakes in New Zealand

Zurich has made two senior property and energy appointments to build out its Singapore commercial insurance hub.

Protection and indemnity (P&I) carrier The Standard Club has appointed Cesare d'Amico of d'Amico Societa di Navigazione as chairman of its board

Senior insurance executives and underwriters in Baden-Baden were expecting a North Atlantic-hurricane-induced rate increase to spread even into unaffected specialty lines, after years of margin compression in sectors including marine, energy and aviation.

Qatar Re's Dubai-based head of marine will move to lead operations in Singapore following three departures in the recently licensed office, The Insurance Insider understands.

Lloyd's has informed Charles Taylor Managing Agency (CTMA) that it "does not meet Lloyd's Governance Minimum Standards" even though the Corporation approved the company's 2018 business plan for The Standard Syndicate 1884, including capital requirements, a disclosure form shows

The marine cargo market is bracing itself for a $60mn claim from Hurricane Harvey after South Korean auto manufacturer Hyundai Motor Company suffered damage to a consignment of cars in transit.

A superyacht that ran aground in the Red Sea is expected to cost the Lloyd's marine market EUR40mn ($47.2mn), The Insurance Insider understands

Neon has launched an Italian marine joint venture with domestic broker Cambiaso Rosso, targeting hull and cargo business placed local.

The Standard Syndicate has appointed Ian Smith as hull class underwriter and Courtney Naylor as head of reinsurance.

The renewable energy industry is the commercial sector most in need of innovative insurance products, according to Swiss Re's most recent Sigma report