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By Chad Hemenway, PropertyCasualty360.com |
January 13, 2012
The world’s largest shipping company is adding to its fleet by having built 20 of the world’s largest ships—each with the ability to haul 18,000 containers. With that many containers making the trek aboard the same vessel, insurers will bear the brunt of a vast array losses—from potentially multiple clients.
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By Chad Hemenway, PropertyCasualty360.com |
January 13, 2012
The U.S. Ocean-Marine insurance market is “certainly not hard,” says Bob Gallagher, president of International Marine Underwriters, part of the OneBeacon Insurance Group. He says the market is flat to “slightly off.”
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By Chad Hemenway, PropertyCasualty360.com |
January 13, 2012
Emerging markets in Brazil, Columbia India and East Asia are creating opportunities for Ocean Marine underwriters.
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By Chad Hemenway, PropertyCasualty360.com |
October 13, 2011
A large vessel carrying what looked to be dozens of cargo containers was docked in the San Diego Bay during the first day of the National Association of Professional Surplus Lines Offices convention here.
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By Chad Hemenway, PropertyCasualty360.com |
October 13, 2011
A large vessel carrying what looked to be hundreds of cargo containers was docked in the San Diego Bay during the first day of the National Association of Professional Surplus Lines Offices convention.