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,…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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.…
Read More
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…
Read More
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…
Read More
Highlighting the issues – COVID 19
Posted by atlantic brokers
Given the ongoing spread of the Covid-19 (Coronavirus), where on Wednesday March 11th, 2020 the WHO Director-General’s declared the outbreak as a pandemic, we wish to highlight a number of issues and considerations that will concern Shipowners and Charterers in this context. We believe it is useful and vital to continue to inform…
Read More
Market Study on ocean energy
Posted by atlantic brokers
COGEA y WAVEC elaboraron este Informe requerido por la Comisión Europea con el propósito de orientar la política comunitaria y hacer de ella una herramienta adecuada que permita el adecuado desarrollo en la UE de las Energías del Mar. En este Informe se estudia el nivel actual de desarrollo de dichas energías en…
Read More