Marine

Human error still titanic problem for marine market

As the maritime industry marks the centenary of the loss of the Titanic, a new study highlights that despite the advances in technology human error is still behind the vast majority of marine claims.

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Regulation

Omnibus drives forward with key vote

Omnibus II, a key enabler of the plans for European re/insurance regulation under Solvency II has passed a major hurdle today with a yes vote from the European Commissioner.

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Regulation

Van Hulle affirms 2014 date for Solvency II

The man charged with delivering the Solvency II regime across Europe has said there is no time to waste for its implementation.

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Regulation

London market strikes deal over UN-fair cover delays

After two years of negotiations, The Lloyd’s Market Association (LMA) has said it has ended over two years of negotiations and finally reached an agreement over the insurance of troops and equipment by the United Nations.

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Broking

New broker launched as Willis combines units

Broking group Willis has announced the launch of Faber Global Limited (“Faber”), a new facultative and wholesale broking business.

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Broking

Broker consolidation on cards as MENA market grows

The head of one of the Middle East’s major regional brokers told the opening day of the 8th Annual Middle East Insurance Forum (MEIF 2012) that the days of the small brokers in the Middle East were numbered.

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