marine-insurance market

• Concordia Losses Could Be $1B for Industry; $39M for Hannover Re

  By Caroline McDonald, PropertyCasualty360.com  |  January 23, 2012

  While the cause of the Costa Concordia accident is still under investigation, insurance and reinsurance markets are bracing for loss claims that could ultimately reach $1 billion, according to Moody’s Investors Service.

• Overcapacity Dampens Marine Market

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 6, 2010

  The marine market has seen improvements compared to last year as shipping has picked up after the economic crisis of 2008, but both insurers and the shipping industry continue to suffer from overcapacity.

• Overcapacity Puts Damper On Marine Market

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 1, 2010

  The marine market has seen improvements compared to last year as shipping has picked up after the economic crisis of 2008, but both insurers and

• First Mercury Buying Ariel's Valiant for $55M

  By Susanne Sclafane, PropertyCasualty360.com  |  July 6, 2010

  First Mercury Financial Corporation announced one its subsidiaries will buy Valiant Insurance Group for roughly $55 million, expanding its ability to write admitted specialty business and allowing it to enter the marine insurance market.