Outlook for P&I sector remains challenging on account of record pool claims, ongoing pandemic, surging inflation and rate erosion, marine mutual warns

Lloyd's insurer swoops on MS Amlin for senior hires

Global broker hires small yacht and pleasure craft specialist

Reduced volatility will mean more stable technical results and thus more competitive pricing if deal goes ahead, broker says

Current premium levels put world’s biggest marine mutual in ‘good place’ on pricing, but pool claims, inflation and Ukraine will generate pressure at next renewal round, Rolf Thore Roppestad says

Strong results from fixed-price P&I, marine and energy lead to robust profit, as chief executive says pricing is now at right level after successive rate hikes

Progress reflects increased focus on safety measures over time, through training and safety programmes, improved ship design, technology and regulation, Allianz says

Broker binds first risk on platform, which is backed by a panel of 20 insurers

Negative investment return pushes Norwegian club into the red on both underwriting and overall outcomes

Impending merger may kick-start process that puts power in the hands of largest owners, according to Gallagher, as North and Standard says broker is ‘out of step with the maritime world’

Members told long-term savings through eliminating duplicated costs will make up three percentage points of the gain. There will also be increased purchasing power and ability to increase retention levels could cut the cost of reinsurance

Sectors face a ‘material change’ in risk exposures, Chaucer warns