All the headlines from our Ocean Marine Topic Page, ordered by recency.
Nov 1 2012 // Miller Insurance Services in London has bolstered its marine hull capabilities with the appointment of David Plato from Alston Gayler. Plato, who began his insurance career in 1988, specializes in marine hull insurance...
Apr 11 2012 // Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said.The United States...
Apr 5 2012 // Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening Western sanctions against OPEC’s second largest oil producer, two club officials told...
Mar 23 2012 // Ireland-headquartered XL Group plc’s North American marine business appointed Chris Cooke as vice president, hull and liabilities. Chris Cooke The appointment is part of XL’s strategy to expand its brown-water...
Mar 2 2012 // Tough new U.S. sanctions against Iran are raising concern that the OPEC member’s insurers may not be able to pay Western claims in the event of an accident, but Iran’s main ship insurer said it is confident it...
Feb 17 2012 // The waters off West Africa’s coast are now a constant danger for those shipping goods and crude oil in the region, analysts said the day after pirates killed two sailors near Nigeria’s coast.Despite pledges by...
Jan 9 2012 // A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday.The wreck of the Greek-owned Rena...
Oct 31 2011 // UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards as security, when they are transiting dangerous waters – mainly those off the coast of...
Oct 25 2011 // “Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if...
Sep 5 2011 // David J. Bresnahan has been named president of Lexington Insurance Co., the surplus lines unit of Chartis Insurance. He is succeeding Peter Eastwood, who is moving into his new role as president and chief executive officer...
Aug 11 2011 // The Travelers Companies Inc. in Hartford has appointed Raymond T. Martino as the president of Ocean Marine. Martino is responsible for the overall leadership and management of the ocean marine unit, which provides...
Aug 8 2011 // XL Insurance has appointed Richard DeSimone to the new position of president of its U.S. Ocean and Inland Marine unit.Prior to joining XL Insurance, DeSimone served as president of the Travelers Insurance Ocean Marine...
Apr 28 2011 // London-based specialist Lloyd’s insurer Marketform announced that experienced London Market underwriter Gary Cooke will join the company effective June first, as head of Marine Cargo Underwriting.“After two...
Mar 4 2011 // London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday.Libyan rebels vowing...
Feb 18 2011 // Iran’s biggest crude oil tanker operator, NITC, said on Friday that its club of ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in the European...
Feb 7 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon...
Feb 4 2011 // Rhode Island-based Gencorp Insurance Group appointed K. Douglas Shaker as marine account manager and Kyle Audette as marine account assistant. Shaker has been with Travelers in Hartford for the past 10 years as a business...
Jan 24 2011 // Incoming Oklahoma Insurance Commissioner John Doak has appointed 10 members of his staff to lead the Oklahoma Insurance Department:Mike Rhoads is deputy commissioner of Health Insurance; Denise Engle is deputy commissioner...
Jan 21 2011 // Shipments of bulk cargo such as iron ore on the Great Lakes jumped by one-third last year, a hopeful sign for a region battered by the recession, an industry spokesman said Jan. 19.The Lake Carriers Association credited a...
Jan 6 2011 // CNA has promoted Mark Bernas to assistant vice president of Ocean Cargo division. In this role, Bernas will manage the growth and profitability for Ocean Cargo. He replaces Charles Maurer who recently retired from CNA...