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Laid-up Miami cruise ships cause headache for hull insurers

As hurricane season approaches there is concern about the aggregation of risk in the area.

Samuel Casey, 06 May 2020
Protecdiv strikes strategic partnership with Cobbs Allen

Shared back-office infrastructure forms part of the arrangement.

Anna Sagar, 06 May 2020
RenaissanceRe names new Syndicate 1458 active underwriter

Ed Cruttenden will take on the role as Bryan Dalton becomes CUO for the Bermuda carrier’s European operations.

Anna Sagar, 06 May 2020
Covid-19 set to squeeze marine premiums: Iumi’s Turner

A reduction in world trade is likely to shrink the premium pool, while Covid-19 could also increase losses.

Samuel Casey, 06 May 2020
Eliot Partnership opens Bermuda office

Britt Reiss joins as Bermuda partner and director.

Anna Sagar, 06 May 2020
Allstate Q1 cat losses drop a third to $210mn

The insurer added $121mn to its catastrophe treaty, covering it for up to $5bn of losses.

Lucy Jones, 06 May 2020
Hannover Re cites ‘flight to quality’ due to Covid-19

CEO Jean-Jacques Henchoz highlights structured reinsurance as an area of brisk demand.

Rachel Dalton, 06 May 2020
Hiscox shares jump as much as 8% after fundraising

Jefferies upgrades its recommendation on the stock to “buy” as the carrier raises £375mn at a 6.1 percent discount.

Samuel Casey, 06 May 2020
Palomar names Christianson as CUO

The earthquake insurer has also recruited Bill Bold as chief strategy officer.

Bernard Goyder, 06 May 2020
North P&I enters hull with Neon’s Sutton

The account will focus on larger blue-water vessels and the underwriters will operate from London.

Samuel Casey, 06 May 2020

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