Canadian Underwriter

Keyword
marine insurance

News BrokersInsuranceMarkets / Coverages

Fishing for marine capacity after Lloyd’s partial withdrawal

July 5, 2019 by Jason Contant

Marine insurance, one of the “hot lines” in Canadian Underwriter’s forthcoming 2019 Stats Guide, is already falling on some leaner times. “Yes, absolutely,” replied Kent Rowe, vice president of Wedgwood Insurance Limited in St. John’s, Nfld., when asked if he

News InsuranceMarkets / CoveragesMGAs

Shop Canadian when selling marine, brokers advised

July 4, 2018 by Jason Contant

Brokers interested in selling marine insurance should target coverholders and managing general agents (MGAs) in Canada rather than going straight to the London market, a senior marine surveyor told Canadian Underwriter recently. “There are a lot of MGAs and coverholders

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Marine market faced with “aging fleet of vessels,” CBMU president says

December 5, 2016 by Canadian Underwriter

The marine insurance market is “very competitive” and worldwide, premiums dropped 10.5% from 2014 to 2015, due in part to currency fluctuations, the president of the Canadian Board of Marine Underwriters said at a recent presentation. In the marine insurance

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Some rogue fishing vessels able to get insurance, research from University of British Columbia finds

June 7, 2016 by Canadian Underwriter

Rogue fishing vessels, including those flagged by international watchdogs for unlawful activity, have been able to secure insurance, according to new research from the University of British Columbia (UBC). The study, titled Cutting a lifeline to maritime crime: marine insurance