hull & machinery
Acting on behalf of H&M Underwriters, Loss of Hire Underwriters, and P&I Clubs, we assess damages sustained by vessels as a result of collisions, groundings, fires and contacts with fixed and floating objects and from machinery failure.
Due to our contact with ship repair yards, we are well placed to assist our principals in initial price and availability negotiations, and the final negotiations and assessment of repair accounts. Where an incident involves quay damage, our associate Engineering Consultants can perform inspections both above and below the water level.
We offer a variety of condition surveys which will be adapted to your distinct demand. Feel free to contact us for your individual inquiry.
Insurance Marine News
North announces 7.5% general increase (Tue, 19 Nov 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 year’s 105%”. The Club’s Pre-Renewal Report will be published on November 20th 2019 and will provide detailed information on the financial position and claims development during the current... The post North announces 7.5% general increase appeared first on Insurance Marine News.
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Syndicate 2014 to go into run-off (Tue, 19 Nov 2019)
Syndicate 2014, bought earlier this year by Hamilton Insurance Group from Pembroke Manging Agency (PMA), is to go into run-off, the third syndicate at Lloyd’s this month to announce such an intention. The third-party capital backed syndicate came to Hamilton as part of its recent acquisition of PMA Ltd, which was renamed Hamilton Insurance UK... The post Syndicate 2014 to go into run-off appeared first on Insurance Marine News.
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