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The marine market is challenged by global warfare, supply chain breakdown and the complicated energy transition. -
The Jan De Nul-owned Zheng He was seized by Mexican authorities in November last year.
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PVT business has been attracting new capacity after recent rate increases.
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The account is among a handful of airlines that have swapped out their brokers this year.
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The appointment comes following several resignations in Travelers power and renewables division this year.
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US lawmakers are looking to introduce legislation backdating to before the bridge collapse incident.
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Reinsurers will likely push for double-digit US premium rate increases.
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Polo Managing Agency is to act as turnkey to the new venture.
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There has been an exodus of hull premium from the London market to Nordic carriers since 2014.
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The duo have several years’ experience in specialist construction risk.
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The marine carrier’s financial result for the period was $25mn.
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Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
