10 March 2017
Welcome to the March 2017 Arthur J. Gallagher Marine Hull and War Risks Market Report.Read more...
1 November 2016
We are pleased to publish the November 2016 edition of the Arthur J. Gallagher Marine Hull & War Risks Market Report.
With the summer months now over, the market is preparing for the end of year renewals amid a continued softening environment across the full spectrum of marine hull and war risks. Capacity for complex risks continues to be readily available and another tranche of recent Underwriter moves will keep downward pressure on rates. Nevertheless, there have been some high profile recent casualties in the market which are examined in more detail later in the report. Marine underwriters from around the world met in September in Genoa for the IUMI conference. In the short term, no major changes are expected but there are many that view some of the rating reductions currently being offered as unsustainable.
30 September 2016
Welcome to the 2016 annual P&I commercial market review. Our view at Arthur J. Gallagher is that the “Non-IG market” is an important part of the maritime insurance industry.
The Arthur J. Gallagher “Commercial P&I Market Review” continues to be the most comprehensive fixed market review of its kind and compliments our mutual IG Club “Annual Pre-Renewal P&I Review” offering.Read more...
29 June 2016
P&I Club Results & the end for the “Super Club” Merger
As we suffer yet another typical wet English summer, it’s a good time to digest the clubs’ financial results that have recently been announced and circulated by Arthur J. Gallagher, with a review of these in our latest Marine P&I Outlook newsletter.Turning to the proposed merger between the Britannia and UK clubs, which has now been consigned to history along with several past attempts to consolidate within the market, we also explore the demise of the "super club" merger.Read more...
25 May 2016
In this special edition of the Arthur J. Gallagher Marine Hull & War Risks Market Update, we welcomed three well known Lloyd’s Underwriters to the Arthur J. Gallagher office for a round table discussion on issues currently affecting shipping and the insurance market. During our discussion, they were able to offer their own valuable insight into how insurers can assist shipowners in the difficult shipping market and also the unique difficulties they face maintaining profitability in such a challenging environment.Read more...