Latitude coordinates the First Shipping Food Drive for Feeding Hong Kong
In June, Latitude Brokers coordinated the First Shipping Food Drive for Feeding Hong Kong. Feeding Hong Kong work with food retailers, distributors and manufacturers to rescue surplus that would otherwise be discarded and re-distribute it to the people in need. But from week to week, the volumes of food donated to Feeding Hong Kong go up and down and the ...
Continue ReadingSingapore Insurance market – recent moves
As we “predicted” in our earlier blog, the ongoing consolidation would give rise to further changes and create opportunities for new leaders to emerge as well as new entrants to the Asian market continuing to focus on Singapore as their base. At the Lloyd’s new office opening party in Singapore recently, there were over 300 underwriters and brokers, many of ...
Continue ReadingOur (very concise) View on P&I and H&M for 2015
We were kindly asked by Tradewinds to give a short overview of how we see the H&M and P&I market in 2015. Here’s what we said in Tradewinds 9 January 2015 edition: “P&I The main themes for 2015 are diversification, regulatory effects, fixed premium and the Nairobi Convention. Diversification of IG Clubs’ product base continues, the latest being Standard Syndicate ...
Continue ReadingXL to buy Catlin Group for USD4.1bn (Updated)
The purchase of Catlin Group by the global insurer XL Group Plc is to proceed according the their Press Release of yesterday. The new entity will trade as XL Catlin, with the parent company remaining as XL Group. According to the press release, the companies are expecting the transaction to be completed in mid-2015. What’s interesting about this is, aside ...
Continue Reading