Insurance

Insurance

Ong Takes Over as TT Club CFO

portnews - August 8, 2022

Freight transport and logistics insurer TT Club announced EeLain Ong has taken over as chief financial officer (CFO), effective August 1, 2022. Appointed in...

Insurance

Insurance for vessels leaving Ukrainian ports loaded with grains skyrockets

portnews - August 8, 2022

London’s insurance industry is gearing up to cover Ukrainian grain and fertilizer shipments via a safe corridor, which could require up to US$50 million...

Insurance

Procedures needed before insurers insure grain ships

portnews - August 7, 2022

PROCEDURES still need to be settled before insurers will cover empty vessels picking up cargo from Ukrainian ports, say marine insurance market officials, Reuters...

China

Clubs advise members of PRC of live-fire drills off Taiwan Area

portnews - August 7, 2022

Britannia, Swedish Club and Japan Club have advised members that the People’s Republic of China has issued a notice of military exercises and training...

Insurance

American Club’s Wilson returns from Hong Kong to UK

portnews - August 7, 2022

John Wilson will be leaving his role as Director of Technical Services at the American Club’s managers’ Hong Kong office to return with his...

Insurance

Allianz: COVID-19 losses settle but pandemic effects remain

portnews - August 7, 2022

7Insurance industry losses from Covid-19 are estimated at around $44bn, says Allianz in its recent Global Claims Review 2022. This fact has made the pandemic...

Insurance

Insurers ready $50 mln Ukraine grain cargo cover as first ship sails

portnews - August 4, 2022

The London insurance sector is preparing to cover Ukrainian grains and fertiliser shipments through a secure corridor, voyages that may need up to $50...

Insurance

EU eases efforts to cut Russia from maritime insurance

portnews - August 4, 2022

Europe eased back on efforts to curb trade in Russian oil, as it delayed a plan to shut Russia out of the maritime insurance...

Insurance

IGI plans to acquire Norway-based MGA Energy Insurance Oslo

portnews - August 3, 2022

Bermuda-based International General Insurance Holdings Ltd (IGI) announced on August 2nd that it had signed a non-binding letter of intent to acquire Norway-based MGA...

Insurance

Atrium names new Active Underwriter

portnews - August 3, 2022

Atrium Underwriters Ltd, the managing agent for Lloyd’s Syndicate 609, has announced that Peter Laidlaw has been appointed Active Underwriter, effective January 1st 2023. The...

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