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...Chief executive Andrew Carrier said 2023 was a “landmark year” where the insurer recorded its best underwriting performance in a decade, making it the latest firm to be lifted by a global surge in insurance...
...Its owners declined to comment on any specifics regarding the voyage and stressed that the container vessel “is not a grain carrier”....
...Some Bermuda-based carriers have drawn particular attention, including a reinsurer linked to Everton FC bidder 777 Partners....
...The insurance sector is expecting a hefty bill....
...Lebanon’s national air carrier MEA is to halve the flights it operates next week because of changes to its insurance cover....
...Her comments follow recent fires on board electric-car carriers....
...It added: “Bulk carriers, manned by innocent seafarers, represent the epitome of non-combatant vessels.”...
...Lessors managed to retrieve some of the planes but around 400 are still in the country and the companies subsequently lodged insurance claims last year....
...The US has deployed two carrier strike groups to the region since Palestinian militant group Hamas’s October 7 attack on southern Israel triggered the war with the Jewish state, and has expanded its maritime...
...“It is our obligation to give pricing signals back to society through the primary insurance carriers,” Mumenthaler told the Financial Times....
...The US has dispatched two carrier strike groups to the region since October 7 to support its significant presence....
...Shipowners are already having to pay more for insurance, as well as diverting vessels and investing in additional security measures....
...Russia’s invasion of Ukraine has had a serious impact on political-violence insurers, with payouts for destroyed buildings one of the main areas of claims paid by carriers, typically to western companies...
...Italy’s competition watchdog is to probe Ryanair over alleged abuse of its market power, widening the ambit of the clash between Prime Minister Giorgia Meloni’s government and the Irish budget carrier....
...They’re either not allowed by insurance policies in their companies or not comfortable,” Smith told reporters....
...So far, though, they haven’t deterred the Houthis or indeed made any noticeable impact on the rising prices of freight or insurance....
...Yes, freight and insurance rates have risen sharply and ships previously destined for the Suez Canal are being rerouted around Africa....
...Middle East Airlines, the national carrier, has halved its flight schedule because of changes to its insurance cover....
...Apollo bought $2bn of AT&T preferred stock in a deal that allowed the wireless carrier to partially repay some of its outstanding preferred equity....
...The carrier had earlier said the flight, numbered AI173, had developed a “technical issue” with one of its engines....
...As GS puts it: “we forecast a 1% increase in the car insurance category, as carriers continue to offset higher repair and replacement costs.”...
...Essentially, carriers divide a flight into “buckets” of seats with different fares, based on expected demand and what the competition is doing....
...and insurance contracts and its frequent flyer programme....
...It advised its members to contact the club for the documentation needed for crude carriers. IGP&I, the umbrella group, could not immediately be reached for comment....
...costs related to our mobility and delivery offerings, credit card processing fees, bank fees, data centre and networking expenses, mobile device and service costs, costs incurred with carriers for Uber...
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