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 pre-renewal review. A lot has happened in a short time in the P&I market, the first half of 2016 was dominated by the twin BR’s of BRexit (Britain’s referendumRead more...
to leave the EU) and BRUK (the putative merger of the Britannia and UK Clubs), to such an extent that the 20th February 2016 Club results almost passed by unnoticed.
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...
11 December 2015
We are pleased to publish the December 2015 edition of the Arthur J. Gallagher Marine Hull & Machinery and War Risks Market Update.
We are fast approaching the end of another eventful year which has undoubtedly been one of the most exciting in recent memory for Arthur J. Gallagher. We have welcomed a large number of new faces in our pursuit to become the most progressive marine broker in the market today.Read more...
11 August 2015
Welcome to the August 2015 edition of the Arthur J. Gallagher Marine Hull & Machinery and War Risks Market Update. With September renewals approaching the market will look to take stock over the summer months on what has largely been a period of further softening in the market. The insurance market conditions remain favourable for ship owners and will be some relief for those in areas which continue to struggle, especially the dry bulk sector which is still showing little sign of improvement.Read more...