Company Results : Marine Insurance

Reporting and analysis on the financial performance of the companies operating in marine insurance sector – insurers, P&I clubs and brokers

• North announces 7.5% general increase November 19, 2019
  North of England Club has decided on a 7.5% general increase for policy year 2020/21 after projecting a combined ratio for 2019/20 of "in excess of last ….
• No general increase at American Club, but two supplementary calls announced November 15, 2019
  American Club will not be imposing a general increase for the 2020/21 policy year, choosing instead to "employ an approach which takes better account of the different profiles of Members".....
• London Club announces 7.5% general increase November 15, 2019
  The London P&I Club has announced a general increase in rates of 7.5% for policy year 2020/21. It said that, as part of the renewal process, individual Member deductible levels would also ….
• Skuld will be “firmer” on renewals in 2020/21 – deductibles to rise November 12, 2019
  Norway-based P&I Club Skuld has said that it will be firmer on renewals than in past years, although it has not declared a General Increase. Deductibles will rise for the 2020/21 …..
• Beazley sees modest rise in marine premium rates November 11, 2019
  London-listed re/insurer Beazley obtained a positive share reaction on Friday November 8th when it reported gross premiums written up by 12% to $2,192m for the first nine months of 2019 …..
• Gard reports “steady” performance in first half, no general increase November 8, 2019
  Marine insurer Gard has termed its first-half performance as "steady" after reporting a post-tax H1 gain of $65m on an Estimated Total Call (ETC) basis. The combined ratio net (CRN) was ….
• Tysers and Gallagher individual club summaries: West of England November 7, 2019
  In the recently published reports on the Group P&I scene, brokers Gallagher and Tysers both issued commentaries on the individual Group Clubs. IMN has, for the purposes of brevity, to report ….
• Tysers and Gallagher individual club summaries: UK Club November 6, 2019
  In the recently published reports on the Group P&I scene, brokers Gallagher and Tysers both issued commentaries on the individual Group Clubs. IMN has, for the purposes of brevity ….
• Hiscox reports better rates, but higher number of large losses November 5, 2019
  Hiscox London Market, part of Bermuda-based Hiscox Group, has reported 9mo gross written premiums of $722.3m, up from $664.1m in same period last year. The company said that 2020 was …..
• Tysers and Gallagher individual club summaries: Swedish Club November 5, 2019
  In the recently published reports on the Group P&I scene, brokers Gallagher and Tysers both issued commentaries on the individual Group Clubs. IMN has, for the purposes of brevity ….