Insurance Journal

MARCH 13, 2025

The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea is likely to hit multiple marine insurance policies, carrying an estimated combined insured value of between $50 million and $100 …

Marine 130

Marine Insurance Policy Insured Insurance 130

Insurance Journal

JULY 23, 2024

X-Treme Tech Services, LLC, a Thibodaux, Louisiana-based business which provides marine electronic services, violated federal law when a supervisor repeatedly sexually harassed a female employee and then fired her after she resisted his advances, the U.S. Equal Employment Opportunity Commission …

Marine 264

Marine 264

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 Insured Insurance 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 Insured 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

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 85

Insurance Broker Broker Marine License 85

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 Insured 263

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

MAY 13, 2025

India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market. India is the top …

Marine 204

Marine Insured Insurance Insurer 204

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 Insured Insurance Insurer 147

Insurance Marine News

JUNE 10, 2025

Join Us The post BP Marsh updates on marine insurance investments appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine 101

Marine Insured Insurance Insurer 101

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 Agents Insurance Agent 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 Insured 204

Insurance Marine News

MAY 22, 2025

Join Us The post Aspen names Jon Kattman as head of Inland Marine appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Inland Marine 71

Inland Marine Marine Insured Insurance 71

Insurance Marine News

JUNE 2, 2025

Join Us The post Marine round-up : 3rd June 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 Insured Insurance Insurer 52

Insurance Journal

JUNE 10, 2025

Losquadro brings extensive experience in marine insurance, having held senior roles at both AIG and Marsh McLennan. Canopius Group, headquartered in Chicago, appointed Tom Losquadro as vice president of underwriting for national hull and liability U.S. He joined Canopius on …

Liability 165

Liability Underwriter Underwriting Marine 165

Top Insurance Blogs

JUNE 9, 2025

This new initiative seeks to highlight the critical role oceans play in regulating Earth’s climate and the urgent need to protect marine ecosystems from growing environmental threats.

Protection 66

Protection Marine Insured Insurance 66

Distinguished

MAY 6, 2025

Without inland marine coverage, these businesses would face significant financial losses that standard property insurance doesnt cover. Despite its name, inland marine insurance has nothing to do with boats. What is Inland Marine Insurance? Inland marine insurance provides coverage for property that moves between locations.

Inland Marine Insurance 40

Inland Marine Insurance Inland Marine Marine Insured 40

Insurance Journal

JUNE 5, 2025

Brennan began business in 2005, specializing in commercial marine … Brennan & Co. insurance agency, based in Savannah, Georgia, is now part of Patriot Growth Services, a brokerage and insurance services firm that has grown rapidly since its founding in 2019.

Insurance Agency 165

Insurance Agency Commercial Insured Insurance 165

Insurance Marine News

JUNE 8, 2025

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Marine 52

Marine Insured Insurance Insurer 52

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

Insurance Marine News

JUNE 10, 2025

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Marine 52

Marine Insured Insurance Insurer 52

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 Marine News

MAY 19, 2025

The probable cause of the contact between self-discharging bulk carrier American Mariner (IMO 7812567) and the Munuscong Channel Junction Light was O-ring-type material debris in the steering gear systems hydraulic oil. This became lodged within a control motor, which caused it to seize.

Marine 89

Marine Insured Insurance Insurer 89

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 Marine Insured 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 Insured 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 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 Insured Insurance 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 Insured Insurance 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 Insured 240

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 Insured Insurance Insurer 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 Insured Insurance Insurer 233

Insurance Marine News

MAY 22, 2025

Join Us The post Upswing in freight demand out of China reported by CMA CGM appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine 97

Marine Insured Insurance Insurer 97