Welcome to our news section

Here you will find news regarding our company and insurance issues

megayacht market atlantic brokers Richard Adler
May 20

Watch our Video update on the state of the Megayacht H&M market

Posted by Richard Adler

Read More Posted in Publicaciones UK Club

Avatar
Apr 24

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 Posted in

Javier Soriano
Apr 15

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 Posted in

Marta Millán
Apr 13

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 Posted in

Richard Adler
Apr 3

Covid-19 (Coronavirus) and the P&I Clubs

Posted by Richard Adler

What impact has the Coronavirus had on the P&I Clubs so far? The obvious impact on the Clubs has been a financial one. Given the recent stock market crash, all Clubs have suffered sizeable investment losses. Whilst many of the Clubs have extremely robust free reserves, they also have a lot to lose!…

Read More