Insurance Journal

OCTOBER 18, 2024

Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources with knowledge of the matter said.

Life Insurance 273

Life Insurance Marine Insurance Insurer 273

Insurance Journal

MARCH 11, 2025

Hub announced that it has acquired the assets of C&L Marine Insurance, based in Boca Raton, Florida. Chicago-based Hub International, an insurance broker and financial services firm with offices across North America, has acquired another agency in the Southeast. President …

Marine 245

Marine Insurance Broker Broker Insurance 245

Insurance Journal

OCTOBER 17, 2024

Tokio Marine HCC (TMHCC), based in Houston, Texas, has announced the expansion of its specialty product offering with its entry into the Excess Casualty market. David Perez has been appointed as President, Excess Casualty, to lead the launch and build …

Marine 259

Marine Building 259

Insurance Journal

APRIL 16, 2025

Markel, the insurance operations within Markel Group Inc., announced it has agreed to purchase The MECO Group Ltd. MECO), subject to regulatory approval. Financial details of the transaction were not disclosed. Founded in 1974, MECO is a leading, independent specialist …

Marine 147

Marine Insurance Insurer Insured 147

Insurance Journal

OCTOBER 15, 2024

inland marine offering by 2025 across all 50 states as it expands its specialty product suite. The team and product will be added to QBE International Market’s growing ocean marine and energy … QBE International Markets will launch a new U.S.

Inland Marine 263

Inland Marine Marine Liability Insurance 263

Splash: Finance and Insurance

FEBRUARY 18, 2025

Two years after it was founded, Hamburgs Marine Alliance is growing through the acquisition of a majority stake in London-based insurance broker Speedwell, who will join the current partnership of Marine Assekuranz and Fram Insurance Brokers.

Insurance Broker 81

Insurance Broker Broker Marine License 81

Insurance Journal

MARCH 12, 2025

Dutch marine provider Boskalis will salvage the U.S.-flagged flagged tanker Stena Immaculate, which was struck by a container ship off northeast England on Monday, a spokesperson said on Tuesday, confirming earlier Dutch media reports. He could not give a time frame …

Marine 221

Marine Protection 221

Insurance Journal

DECEMBER 17, 2024

Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter Arch Insurance has appointed Ezechiel Symenouh … This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new hires follows here.

Cyber 262

Cyber Underwriter Underwriting Marine 262

Insurance Journal

DECEMBER 12, 2024

HDI Global Promotes Schulte as Global Head of Marine HDI Global has promoted Dr. Carsten Schulte as … This edition of International People Moves details appointments at HDI Global and Amwins Global Risks. A summary of these new hires follows here.

Risk 246

Risk Marine 246

Insurance Journal

NOVEMBER 22, 2024

Markel Taps AEGIS London’s Pressman as Senior Underwriter, Marine Cargo Markel, the insurance operations within Markel Group … This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these new hires follows.

Underwriter 246

Underwriter Underwriting Marine Commercial 246

Property Insurance Coverage Law

FEBRUARY 1, 2025

Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog. Some people accuse me of collecting boats the way others collect coffee mugsexcept instead of cluttering up my kitchen cabinets, theyre taking up space in marinas, driveways, and any patch of water I can find.

Policy 100

Policy Marine Insurance Agent Insurance Agents 100

Insurance Journal

FEBRUARY 27, 2025

This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here. Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe Beazley, the London-based specialty insurer, announced the appointment of …

Commercial Property 204

Commercial Property Commercial Marine Insurance 204

Insurance Journal

SEPTEMBER 3, 2024

Massachusetts-based Schrager Hampson Aviation Insurance Group reports it has acquired Northeast Aviation & Marine Insurance Brokers of Schenectady, New York.

Marine 162

Marine Insurance Broker Commercial Broker 162

Insurance Journal

MARCH 5, 2025

Tokio Marine HCC announced a leadership change with the retirement of Mike Schell, president, at the end of this month. Barry Cook, CEO of Tokio Marine HCC International, will additionally assume a newly created position of deputy CEO, effective April …

Marine 130

Marine Insurance Insurer Insured 130

Insurance Journal

MARCH 5, 2025

Tokio Marine HCC announced a leadership change with the retirement of Mike Schell, president, at the end of this month. Barry Cook, CEO of Tokio Marine HCC International, will additionally assume a newly created position of deputy CEO, effective April …

Marine 130

Marine Insurance Insurer Insured 130

Insurance Journal

APRIL 22, 2025

The maritime industry is grappling with an escalating wave of cybersecurity threats as it increasingly relies on interconnected digital systems. Recognizing the critical need to address these vulnerabilities, the U.S. Coast Guard issued a final rule aimed at fortifying the …

Marine 165

Marine Cyber 165

Insurance Journal

FEBRUARY 4, 2025

AXA XL Hires Bakker as Head of Environmental Package Solutions, Middle Market, Americas AXA XL in the Americas hired Peter Bakker as head of environmental package solutions for the middle market in the Americas. Bakker is based in New York.

Marine 225

Marine 225

Splash: Finance and Insurance

NOVEMBER 4, 2024

A new 12-page white paper from US-based Marine Money has mapped out today’s maritime venture financing landscape with the research clearly showing the limited number of funds that are solely dedicated to the maritime sector.

Marine 114

Marine Insurance Insurer Insured 114

Insurance Journal

AUGUST 13, 2024

This edition of International People Moves details appointments at insurance broker Miller and the insurer Tokio Marine HCC International. A summary of these new hires follows here. Miller Appoints Thevenot for Strategic Sports and Entertainment Team Miller, the London-based independent …

Marine 147

Marine Insurance Broker Broker Insurance 147

Splash: Finance and Insurance

JANUARY 9, 2025

West P&I Club has bought Nordic Marine Insurance, a specialist in delay insurance, primary loss of earnings, hull and machinery, loss of hire, and maritime lien solutions. West P&I initially acquired a significant stake in Nordic in 2020.

Marine 105

Marine Insurance Insurer Insured 105

Insurance Marine News

MARCH 30, 2025

Join Us The post Norway acts on fake marine insurance operation appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine 90

Marine Insurance Insurer Insured 90

Insurance Marine News

FEBRUARY 23, 2025

Join Us The post NorthStandard says it remains on course after year of headwinds for marine insurers appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine 98

Marine Insurance Insurer Insured 98

Insurance Journal

SEPTEMBER 17, 2024

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …

Risk 258

Risk Claim Insurance Insurer 258

Insurance Journal

JULY 28, 2024

National Fire and Marine Insurance … A Berkshire Hathaway insurer is insisting it does not owe $1.3 million in claimed business income losses to a cannabis growing company after a building fire shuttered one of its “flowering” rooms for 68 days.

Claim 279

Claim Building Marine Insurance 279

Insurance Journal

JULY 17, 2024

DUAL Swiss Taps Tokio Marine’s Wyss as Managing Director DUAL Europe announced the appointment … This edition of International People Moves details appointments at managing general agent DUAL Europe and insurance broker WTW. A summary of these new hires follows here.

Broker-Agent 279

Broker-Agent Insurance Broker Broker Agents 279

Insurance Marine News

APRIL 22, 2025

The post Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW appeared first on Insurance Marine News. Energy insurers were chasing market share.

Broker 103

Broker Marine Insurance Insurer 103

Insurance Journal

NOVEMBER 26, 2024

McGill and Partners, the London-based global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in collaboration with Tokio Marine Kiln (TMK) and Convex, offering limits of $95 million, led by TMK. This offering harnesses the …

Broker 246

Broker Marine Insurance Insurer 246

Insurance Journal

DECEMBER 18, 2024

Swiss Re AG, Tokio Marine Holdings Inc., AXIS Capital Holdings Ltd. and AXA SA are among providers of $3 billion in credit-risk insurance for the private-sector arm of the World Bank Group, as it seeks to expand its lending in …

Risk 243

Risk Marine Insurance Insurer 243

Insurance Journal

DECEMBER 4, 2024

This edition of International People Moves details resignations and appointments at two insurers — Everest Group and Tokio Marine Kiln — and the managing general agent Coalition. A summary of these new hires follows here. Karmilowicz to Resign as Chair …

Cyber 240

Cyber Agents Marine Insurance 240

Splash: Finance and Insurance

DECEMBER 1, 2024

Robert Mackay from FDR Risk writes for Splash today. Extreme weather events triggered by climate change are becoming more frequent and severe, reshaping operational risk and creating unprecedented challenges for shipowners and operators.

Risk 124

Risk Marine Insurance Insurer 124

Insurance Journal

JANUARY 6, 2025

This edition of International People Moves details appointments at AXIS Capital Holdings and Agile Insurance Group. A summary of these new hires follows here. AXIS Appoints Chubb’s Farrup as Head of Global Markets, Succeeding Gregory AXIS Capital Holdings Ltd. announced …

Marine 189

Marine Insurance Insurer Insured 189

Insurance Journal

OCTOBER 29, 2024

a London-based marine and property specialist. Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., Financial details …

Broker 262

Broker Risk Insurance Broker Marine 262

Insurance Journal

FEBRUARY 18, 2025

IQUW, the London-based specialty insurer and reinsurer, has launched its new ports and terminals product, reinforcing its position as a lead market for marine insurance. Under the leadership of Ali Welchman, an expert in the Ports and Terminals class, the …

Marine 233

Marine Insurance Insurer Insured 233

Insurance Marine News

APRIL 28, 2025

Join Us The post Marine round-up : 29th April 2025 appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine 52

Marine Insurance Insurer Insured 52

Insurance Journal

JANUARY 15, 2025

The transaction involves Syndicate 609’s discontinued portfolios, comprising marine treaty reinsurance, … Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced its Lloyd’s syndicate has agreed a ground-up loss portfolio transfer (LPT) with Atrium Syndicate 609, managed by Atrium Underwriters Ltd.

Underwriter 246

Underwriter Underwriting Marine 246

Insurance Journal

NOVEMBER 13, 2024

Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy, contingency/event cancellation, and mergers & acquisitions (M&A), effective Nov. This …

Marine 245

Marine Insurance Insurer Insured 245

Splash: Finance and Insurance

APRIL 9, 2025

BFS Marine Finance, part of Bibby Line Group’s independent funder Bibby Financial Services, has lined up 20m ($25m) to support smaller businesses within the commercial marine sector. The finance is intended …

Commercial 85

Commercial Marine Insurance Insurer 85