Big data could play key role in reducing ship casualties – Interview with Richard Adler
Posted by Richard Adler
Interview with Richard Adler – Trade Winds / Business Focus (14 January 2021) “Deeper analysis is required to help insurers and their shipowner clients keep control of accidents”, says broker Coronavirus does not appear to have played a major role in this year’s ship casualties, despite concerns that fatigued crew members could lead…
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Covid-19 vs The Marine Insurance Market
Posted by Guy Pierpoint
The Covid-19 pandemic has presented all the worldwide insurance markets with a new challenge that is currently dividing that market in the way it will respond to the needs of its clients. Atlantic Insurance has previously reported on the impact Covid-19 has had on various jurisdictions, particularly focused on various South American regions,…
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Q&A Chile
Posted by Ricardo Rozas
Today we are starting our series of Q&A interviews with JJR Abogados of Chile. In particular we speak to Ricardo Rozas who leads JJR´s marine practices together with Max Morgan. Ricardo is a arguably one of the best maritime lawyers in Chile. He is past chair of the maritime and land transport committee…
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LATAM focus: South America & Covid 19 – Interviews
Posted by Richard Adler
How is South America coping with the Covid-19 crisis and how has it affected its people, economies and its shipping sector? As a boutique marine insurance broker with a strong focus and presence in South America we enjoy the trust of many clients in South & Central America but of course we also…
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Current Trends in the Megayacht Industry
Posted by Rafael Ageo
New projects over 24 metres? According to reports in December 2019 the global superyacht industry paused for breath with only 807 projects over 24 metres ordered (with deposit taken) against the 830 orders recorded in 2018. This slight dip can be interpreted in different ways: On one hand some reports saw it as…
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Guy Pierpoint joins Atlantic as Senior Executive Director
Posted by atlantic brokers
We are delighted to announce that as of today, June 1st 2020 Guy Pierpoint has joined ATLANTIC at our London office as Senior Executive Director. Having been engaged in the marine insurance market for over 30 years, Guy has held several senior positions in the industry, instrumental in the start of Osprey Underwriting…
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Barrington Buchan joins Atlantic as Non-Executive Director
Posted by atlantic brokers
We are delighted to announce that Mr. Barrington Buchan Esq. has joined ATLANTIC Insurance & Reinsurance Brokers as Non-Executive Director. Mr. Buchan was one of the founders and owners of Newman, Martin and Buchan (NMB), a highly successful London headquartered insurance brokerage with 180 employees. NMB was sold in 2013 to an CGCS. Mr.…
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Contango Markets and the Perils of chartering Tankers as Floating Storage
Posted by Javier Soriano
The global consumption of oil products has plummeted as a result of the outbreak of the COVID-19 and the consequential slump in the energy demand -particularly speaking of aviation, marine and automotive fuels- has caused an overall reduction of a 30% (i.e., about 30 MMbbl / day) in the demand of crude…
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The Megayacht market: Increased scrutiny from H&M Underwriters when it comes to maintenance and yard works performed by subcontractors
Posted by Marta Millán
The Megayacht market: Increased scrutiny from H&M Underwriters when it comes to maintenance and yard works performed by subcontractors It is common practice to find a clause in Hull & Machinery policies that states that coverage will remain in full force during routine maintenance and the annual refit. Notwithstanding the foregoing it is…
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