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Marine Insurance

Marine insurance is experiencing a period of rapid change, with a prolonged struggle to deliver underwriting profit forcing companies to reevaluate their proposition and the need to modernise. The class of business on which Lloyd’s was founded, the marine market is now navigating through a transitional period as it embraces technological reform and looks to rebuild its profit margin against a challenging operational backdrop.

Marine

International Group reinsurance hike branded ‘unfair’

Hefty weightings for general excess-of-loss levy seen as disproportionate, some brokers argue

Lloyds United States

All change ahead as new marine rules come into force

Marine insurers and their clients face a swathe of regulatory changes in 2025 which could have significant implications for international trade

International Legal focus

Skuld hints at price increases after substantial interim underwriting loss

Norwegian marine mutual’s results boosted by investment returns

Norway Marine

Agile hires Hughes to lead London marine

Australian group appoints Axa XL's David Hughes as head of marine for its Lloyd's syndicate 

London Lloyds

Reputation is key to success for Europe's MGAs: Alta Signa’s Dubbioso

Brand reputation may cushion individual mis-steps by traditional insurers, but underwriting decisions by MGAs reflect directly on their business and people, head of marine at Alta Signa, Francesco Dubbioso, says

Europe Marine

Britannia P&I club downgraded by S&P Global

International Group affiliate said to ‘lag behind peers’ on underwriting performance

United Kingdom Marine

Japan Club sets out renewal stall

Only Asia-based International Group affiliate announces 2025 pricing

Japan Marine

NorthStandard and Noord Nederlandsche insist partnership is win-win

Tie-up between International Group giant and local minnow designed to benefit both sides, executives say

Netherlands United Kingdom

S&P Global upgrades London Club

Outlook at 10 out of 12 International Group affiliates now seen as stable by rating agency

London Marine

Piracy exposure increases in Somali basin because of Red Sea diversions

Rerouting to avoid Houthi aggression has doubled traffic along the international shipping lane through the Indian Ocean and off the coast of Somalia

Somalia Specialty

Marsh confirms soft hull renewals

Hull and machinery underwriters reportedly struggling to hit premium targets

London Lloyds

Managing geopolitical risk in unprecedented times

From conflicts in Ukraine and the Middle East to emerging threats from China and the US, few underwriters have faced a geopolitical landscape as dynamic as it is now

International Special Report
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