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Trade dynamics are complex and interconnected.
Specialty Insurers and their risk management partners find a way to keep historic vessels in use.
The deeper we drill in the ocean for oil, the more the risk increases.
With capacity ample, project cargo insurers emphasize project management.
An injured dock worker claims he’s eligible for the higher benefit levels available under the Longshoreman’s Act.
The easing of travel restrictions to Cuba is bound to open up opportunities.
Contaminated oil undermines a firm’s ability to capitalize on low oil prices.
Marine
Marine, aviation and energy sector losses accounted for much of the losses. Employee training would help.
The marine services sector faces exposures both seen and unseen.
Larger ships using standard ports means less room for error.
The project cargo business is back on the increase after a period of the doldrums.
Marsh: P/C rates to remain competitive this year — with some exceptions.
Driverless technology is flowing to the oceans, but risks will slow global adoption.
A dispute delaying Panama Canal construction was resolved, but further delays could be costly to shippers and exporters.
Floating plants have advantages over grounded facilities and few unique risks.
Insurance foots the bill for the largest marine recovery project in history.
In raising the Costa Concordia, we have a story showing what insurance does so well.