Archive for the ‘Insurance and Reinsurance’ Category

The BDI@2,064; a cause for CC …err Cautious Celebrations

The BDI@2,064; a cause for CC …err Cautious Celebrations
John Faraclas The BDI@2,064; a cause for CC …err Cautious Celebrations The BDI gained 53 points earlier on today and it’s only 173 points apart from that of the end of December 2013 when it stood at 2,247 (2,247 – 2,064= 173) Geopolitics? Well only the 12 Greek Gods know what’s next… Best one...
July 17th, 2019 | Charity, Clubs, Conferences, Seminars, Forums, Drill ships, EEZ, Energy, European Union, Insurance and Reinsurance, IT and Communications, Legal, Marine Equipment Products and Services, Marine Insurance, Organisations, Politics and Government, Technical, Technology | Read More

HFW Insurance Bulletin: July 2019 Edition 1

HFW Insurance Bulletin: July 2019 Edition 1
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW Insurance Bulletin: July 2019 Edition 1  In this issue: In this issue: Court cases and arbitration; Market Developments 1. Court cases and arbitration England & Wales: Woodward v Phoenix: all’s fair in love and war? The Court of Appeal...
July 10th, 2019 | Insight, Insurance and Reinsurance, Legal, Marine Insurance | Read More

Member focus: Autonomous vessels

Member focus: Autonomous vessels
. Member focus: Autonomous vessels   Last year, the Club proudly launched a dedicated autonomous vessel P&I policy, the first of its kind in the world. The Club consulted owners, operators and manufacturers of autonomous vessels to ensure that we fully understood the needs of this specialist...
July 2nd, 2019 | Insurance and Reinsurance, Marine Insurance, P and I Clubs | Read More

New London Market Data Protection group established

New London Market Data Protection group established
Chris Jones New London Market Data Protection group established A new group is being established to tackle data protection issues in the London company market. Members of the International Underwriting Association (IUA) want to discuss the impact of the General Data Protection Regulation (GDPR) and other...
June 20th, 2019 | Insurance and Reinsurance, IUA, Marine Insurance | Read More

Bermuda delegation opens Toronto Stock Exchange

Bermuda delegation opens Toronto Stock Exchange
Bermuda delegation opens Toronto Stock Exchange Toronto, ON, June 19, 2019: Bermuda Finance Minister Curtis Dickinson did the honours at a market-opening ceremony held at the Toronto Stock Exchange (TSX) yesterday, accompanied by a delegation from the island. The group is in Toronto for a multi-industry...
June 19th, 2019 | Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Stock Markets | Read More

HFW Insurance Bulletin: June 2019 Edition 1

HFW Insurance Bulletin: June 2019 Edition 1
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW Insurance Bulletin: June 2019 Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market developments 1. Regulation and legislation UK: PRA Penalty for Outsourcing Failures The PRA has imposed a penalty of over £1...
June 15th, 2019 | Climate, Environment, Insurance and Reinsurance, Legal | Read More

IUA publishes Cyber Exclusion Clauses

IUA publishes Cyber Exclusion Clauses
Chris Jones IUA publishes Cyber Exclusion Clauses Two new London Market model clauses to help underwriters manage cyber losses have been published by the International Underwriting Association (IUA). The wordings have been developed in order to address issues of non-affirmative or ‘silent’ cover,...
June 5th, 2019 | Insurance and Reinsurance, IT and Communications, IUA, Marine Insurance | Read More

Average Adjusters are firmly equipped for hi-tech challenges, declare speakers at Association’s annual dinner

Average Adjusters are firmly equipped for hi-tech challenges, declare speakers at Association’s annual dinner
Top table at annual dinner 2019 of the Association of Average Adjusters Average Adjusters are firmly equipped for hi-tech challenges, declare speakers at Association’s annual dinner As the Association of Average Adjusters marks its 150th anniversary, members are geared up to deal with the new era of...
May 31st, 2019 | Anniversaries, Associations, Events, Insurance and Reinsurance, Marine Insurance | Read More

Cox to receive 2019 Fred Reiss Lifetime Achievement Award

Cox to receive 2019 Fred Reiss Lifetime Achievement Award
Jeremy Cox Cox to receive 2019 Fred Reiss Lifetime Achievement Award Hamilton, Bermuda, May 30, 2019: Jeremy Cox, Executive Chair of the Bermuda Monetary Authority (BMA), will receive the fourth Fred Reiss Lifetime Achievement Award at next month’s Bermuda Captive Conference, June 10-12. Cox, a...
May 30th, 2019 | Awards, Insurance and Reinsurance, Person Profiles | Read More

HFW Insurance Bulletin: May 2019

HFW Insurance Bulletin: May 2019
Costas Frangeskides, Partner, Holman Fenwick Willan LLP HFW Insurance Bulletin: May 2019 In this issue: Regulation and legislation; Court cases and arbitration. 1. Regulation and legislation UK: Innovation in financial services – FCA sets out progress and next steps The FCA’s Executive Director...
May 30th, 2019 | Insurance and Reinsurance, Legal | Read More

The BDI@1,082; Supras “spoil” the broth…

The BDI@1,082; Supras “spoil” the broth…
The BDI@1,082; Supras “spoil” the broth… John Faraclas The BDI (Baltic Dry Index) ended up 16 points earlier on today following the long weekend due to the spring Holiday as well as due to end of the European Union’s election process. Now if we have so far stressed the perplexed and enigmatic...
May 28th, 2019 | Arctic Shipping, Art and auctions, Associations, Charity, Chartering, Classification Societies, Climate, Construction, Consumers Market, Container shipping, Containers, Cruise Ferry, Cruise Industry, Dry Bulkcarriers, Emissions, Energy, Environment, European Union, Holidays, HR, IMO, Insurance and Reinsurance, IT and Communications, LNG, Manning - Seafarers and Offshore, Marinas, Maritime Art, Maritime Education and Training, Maritime Tourism, Markets, Mediterranean Shipping, News, Oceanology, Oil Industry, Organisations, Paintings and Sculpture, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Press and Media, Religion, Reports, Sailing, Shipping Centers, Shipping Indices, Short-sea shipping, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Weather, Yachting | Read More

Willum Richards hands over chairmanship of the Association of Average Adjusters on its 150th anniversary to Richard Cornah

Willum Richards hands over chairmanship of the Association of Average Adjusters on its 150th anniversary to Richard Cornah
Richard Cornah, Willum Richards hands over chairmanship of the Association of Average Adjusters on its 150th anniversary to Richard Cornah The Association of Average Adjusters, set for a memorable 150th anniversary after launching the celebrations at its annual general meeting on May 9, 2019, has chosen...
May 24th, 2019 | Associations, Insurance and Reinsurance, Marine Insurance, Person Profiles | Read More

AFL Insurance Brokers Appoints New UK CEO

AFL Insurance Brokers Appoints New UK CEO
Jonathan Bines AFL Insurance Brokers Appoints New UK CEO London, 9 May, 2019: Independent Lloyd’s broker AFL Insurance Brokers Ltd (AFL) is delighted to today announce the appointment of Jonathan Bines as CEO of AFL UK, as the business gears up for further international expansion in North America,...
May 9th, 2019 | Company Profiles, Insurance and Reinsurance, Person Profiles | Read More

Failure to check charterparty wording catches ship manager off guard

Failure to check charterparty wording catches ship manager off guard
Failure to check charterparty wording catches ship manager off guard International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.  By way of...
May 7th, 2019 | Chartering, Fixtures, Insurance and Reinsurance, Marine Insurance, Markets, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More

DQPro Recognised as a London Market Insurtech Leader

DQPro Recognised as a London Market Insurtech Leader
Nick Mair DQPro Recognised as a London Market Insurtech Leader DQPro, the data monitoring platform, now being used by 12 global insurance carriers and 35% of the London market; identified in Oxbow Partners’ 2019 Insurtech Impact25 report as one of the emerging insurtechs likely to have a major impact...
May 3rd, 2019 | Insurance and Reinsurance, IT and Communications, Marine Equipment Products and Services, Reports | Read More

Premier, Finance Minister and Bermuda delegation head to insurance industry’s RIMS 2019 conference in Boston

Premier, Finance Minister and Bermuda delegation head to insurance industry’s RIMS 2019 conference in Boston
Premier, Finance Minister and Bermuda delegation head to insurance industry’s RIMS 2019 conference in Boston Hamilton, Bermuda, April 26, 2019: Finance Minister Curtis Dickinson will lead a delegation of government, regulatory and industry leaders to next week’s Risk and Insurance Management...
April 26th, 2019 | Events, Conferences,Forums and Symposiums, Insurance and Reinsurance | Read More

HFW Insurance Bulletin: April 2019 – Edition 1

HFW Insurance Bulletin: April 2019 – Edition 1
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW Insurance Bulletin: April 2019 – Edition 1 In this issue: Regulation and legislation; Market Developments. 1. Regulation and legislation UK: Brexit – no deal, no risk? No chance! The FCA has published a speech given by Nausicaa Delfas,...
April 4th, 2019 | Insight, Insurance and Reinsurance, Legal | Read More

YouTube star Crosby, regulator Cox to speak at BCC 19

YouTube star Crosby, regulator Cox to speak at BCC 19
Regulator Jeremy Cox                                                       Comedian Tripp Crosby YouTube star Crosby, regulator Cox to speak at BCC 19 Hamilton, Bermuda, March 29, 2019: YouTube comedian Tripp Crosby and Executive Chair of the Bermuda Monetary Authority...
March 29th, 2019 | Anniversaries, Associations, Banking, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance | Read More

Nexus Launches Xenia Broking Group

Nexus Launches Xenia Broking Group
Colin Thompson Group Chief Executive Officer of Nexus London, Friday 29th March, 2019: Acquisitive insurance intermediary Nexus Group (Nexus) today announces the formation of Xenia Broking Group Limited (Xenia). Based in London, the new entity will consolidate Nexus’ broking activities which will...
March 29th, 2019 | Company Profiles, Insurance and Reinsurance | Read More

HFW Insurance Bulletin: March 2019 – Edition 2

HFW Insurance Bulletin: March 2019 – Edition 2
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW Insurance Bulletin: March 2019 – Edition 2 In this issue: Regulation and legislation; Court cases and arbitration; Market Developments; HFW publications and events. 1. Regulation and legislation EU: No-deal Brexit – Temporary Permissions...
March 27th, 2019 | Arbiitration, Company Profiles, Insight, Insurance and Reinsurance, Legal, Person Profiles | Read More

Quotall welcomes leading e-commerce expert Craig Harper-Ashton to the board

Quotall welcomes leading e-commerce expert Craig Harper-Ashton to the board
Craig Harper-Ashton London, 25 March, 2019: Insurance e-trading specialist Quotall is delighted to announce that leading e-commerce expert Craig Harper-Ashton joins the Quotall board as a Non-Executive Director, effective March 2019. An established leader in designing and implementing e-commerce strategies...
March 25th, 2019 | Company Profiles, Consumers Market, Insurance and Reinsurance, Person Profiles, Trade and Commerce | Read More

HFW Insurance Bulletin: March 2019 – Edition 1

HFW Insurance Bulletin: March 2019 – Edition 1
Costas Frangeskides, Partner, Holman Fenwick Willan LLP HFW Insurance Bulletin: March 2019 – Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market Developments; HFW publications and events. 1. Regulation and legislation France: Towards increased regulation of...
March 7th, 2019 | Insurance and Reinsurance, News | Read More

Bermuda life insurance sector marks 2018 growth

Bermuda life insurance sector marks 2018 growth
Members of BILTIR and the BDA joinedPremier Burt and Ministers Dickinson and Cainesfor a lunch hosted by the government this monthto discuss the long-term sector’s growth Hamilton, Bermuda, February 12, 2019 – Bermuda’s long-term insurance and reinsurance industry is marking a banner...
February 12th, 2019 | Events, Insurance and Reinsurance | Read More

IUA calls for new laws on driverless cars

IUA calls for new laws on driverless cars
Chris Jones People using driverless cars should still not take their eyes off the road, if they could be expected to take over the vehicle at short notice in an emergency, the International Underwriting Association (IUA) has stated. Unless a vehicle is highly automated users should be banned from performing...
February 12th, 2019 | Automobiles, Insurance and Reinsurance, IUA | Read More

HFW Insurance Bulletin: February 2019 – Edition 1

HFW Insurance Bulletin: February 2019 – Edition 1
Costas Frangeskides, Partner Holman Fenwick Willan LLP HFW Insurance Bulletin: February 2019 – Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market Developments; HFW publications and events. 1. Regulation and legislation UK: Agreement between UK and Switzerland...
February 11th, 2019 | Arbiitration, Communication, Insurance and Reinsurance, Legal, Marine Insurance, Regulatory, Reports | Read More