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Larger liability claims expected to become more expensive, complex: AGCS

March 30, 2017 by Canadian Underwriter

There is increasing potential for “larger liability claims to become more expensive, complex and international, demonstrating the pervasive and long-term nature of liability losses,” suggests a new global claims review released Thursday by Allianz Global Corporate & Specialty (AGCS). Industrial,

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Worldwide shipments of 3D printers to grow 108% in 2016: Gartner

October 14, 2016 by Canadian Underwriter

Worldwide shipments of 3D printers will grow 108% in 2016 to reach 455,772 units, more than doubling the 219,168 units shipped in 2015, according to the latest forecast from Gartner, Inc. The Stamford, Conn.-based information technology research and advisory company

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Latest container shipping defaults expected to be followed by more M&A: Fitch Ratings

September 6, 2016 by Canadian Underwriter

Fitch Ratings expects more defaults and mergers and acquisitions activity in both the short and medium terms for container shipping, but adds this “will only restore equilibrium and boost freight rates if they prompt capacity reduction.” The comments follow Korean

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Sea piracy drops to 21-year low in first half of 2016: global report

July 26, 2016 by Canadian Underwriter

Despite a surge in kidnappings off West Africa, piracy and armed robbery at sea has fallen to its lowest levels since 1995, notes a new report issued Monday by the International Chamber of Commerce’s International Maritime Bureau (IMB). There were