Insured, Liability and Marine - Insurance Industry Brief

People Moves: Markel Taps QBE’s Smith to Lead Marine & Energy Liability Team, Int’l Specialty; QBE Promotes Lascelles as Dir. of Underwriting, Marine and British Marine

Insurance Journal

AUGUST 15, 2024

This edition of International People Moves details appointments at the insurers Markel and QBE. Markel Taps QBE’s Smith to Lead Marine & Energy Liability Team, Int’l Specialty Markel, the insurance operations within … A summary of these new hires follows here.

Marine

Marine Liability Underwriter Underwriting

North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits

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

Marine Insurance Policy Insured Insurer

Markets/Coverages: Sompo Launches Marine Insurance Proposition for UK Market

Insurance Journal

SEPTEMBER 25, 2024

Sompo, the Bermuda-based provider of commercial and consumer property/casualty insurance and reinsurance, announced the launch of a new national marine insurance proposition for the United Kingdom. Sompo’s Marine Cargo UK policy and its Transport & Logistics propositions are both designed …

Marine

Marine Casualty Insurance Commercial Insured

Markets/Coverages: QBE to Launch US Inland Marine With 3 Hires From AIG; Next Now Offers Standalone Pro Liability for Consultants

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

Inland Marine Marine Liability Insured

‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association

Insurance Journal

JANUARY 24, 2025

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” ” Geoeconomics refers to the intersection of geopolitical forces and economic policies.

Insured

Insured Insurer Insurance Policy

Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

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

Risk Claim Insured Insurer

Norway acts on fake marine insurance operation

Insurance Marine News

MARCH 30, 2025

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Marine

People Moves: Markel Taps QBE’s Smith to Lead Marine & Energy Liability Team, Int’l Specialty; QBE Promotes Lascelles as Dir. of Underwriting, Marine and British Marine

North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits

Trending Sources

Markets/Coverages: Sompo Launches Marine Insurance Proposition for UK Market

Markets/Coverages: QBE to Launch US Inland Marine With 3 Hires From AIG; Next Now Offers Standalone Pro Liability for Consultants

‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association

Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Norway acts on fake marine insurance operation

Insurance Considerations When Expanding Your Business to a New Location

Marine insurance premiums up by nearly 6% in 2023: IUMI stats report

Fireside chat: Liability challenges for sanctioned vessel oil spills

NorthStandard says it “remains on course” after year of headwinds for marine insurers

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions

Yacht Insurer OMAC Is Hull Carrier for Sunken Yacht in Sicily, Sources Say

Sunken Superyacht Likely to Cost Insurers at Least $150 Million, Experts Say

How Iran Oil Link Could Complicate Insurance Claims After Tankers Collide Off Singapore

Owner of Solong files to limit liability after Stena Immaculate accident

South Africa passes marine pollution law

Brokers launch port disruption insurance

Insuring Collectibles in New York

India expands Russian insurers’ pool

Russian attacks on Ukraine’s ports push up insurance rates

Marine round-up : 3rd April 2025

Marine round-up : 2nd April 2025

Marine round-up : 31st March 2025

Marine round-up : 26th March 2025

Renewal Certificate Endorsement For CPL and CPPL Policies

Russian shadow fleet vessels passing through Baltic to be checked for insurance

Distinguished Programs Partners with Johnsonese Brokerage LLC as the Preferred Insurance Provider for New Music Chicago

Employer, Workers’ Comp Insurer, Survivor Join Baltimore Bridge Collapse Litigation

Argentine Navy rescues Chilean Antarctic supply vessel

Round-up

Risk of collision with offshore installations from attendant vessels

Several vessels report GPS disruption in Strait of Hormuz, says UKMTO

Houthis claim attack on container ship

Sea World Management ship attacked four times in 24 hours

Cargo dispute detains vessel in Chattogram

Iconic tall ship demasted after being struck by containership in Fremantle

Chinese ship dragged anchor for 100 miles, cutting two cables, says WSJ

Hopes that salvage of Sounion will begin soon

More than 6% of international trade vessels now in shadow fleet, says Kpler

It was only a three-day strike, but huge cargo backlog sits in Atlantic

Spain stops US vessel from docking because of suspected Israeli military connection

Azerbaijan-managed vessel en route to China via Northern Sea Route: report

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