Posts tagged: London
London leads liability, Asia yet to respond
22 February 2010
Posted in Blog
Tagged: Asia, liabilities, Lloyd's, London, underwriting
There is no doubt that Asia is a highly competitive market for traditional marine hull insurance. We have mentioned in previous blogs how shipowners are in a good position to secure well-rated insurance from competitive Asian insurers as a way to offset the rises being sought in London. However, in terms of marine [...]
Read more »Asian capacity allows shipowners to fight London rises
1 February 2010
Posted in Blog
Tagged: Asia, capacity, London, premiums, shipowner
The recent renewal season highlighted how international insurance markets and shipowners were handling the changing economic conditions, with the London market seeking rises, whilst shipowners pressed for lower premiums, providing opportunities for other markets, such as Asia. The global downturn’s effect on trade has meant shipowners are facing further pressures to reduce costs, including reducing their [...]
Read more »Recent articles
8 September 2010
The global economic slump created conditions that should have left marine insurance clients bearing the brunt of a hardening market and spiralling premiums. Not only did that not transpire, but it is not likely to either.
Blog
9 August 2010
Sanctions against Iran are having an inevitable impact as insurers introduce new clauses to avoid possible breaches.
Press releases
29 April 2010
FP Marine Risks builds direct retail business in Australasia through acquisition of specialist cargo insurance agency
Opinions
26 March 2009
26 November 2008