Magazine Table of Contents
Shipowners, salvors and insurers - through their respective trade associations - have jointly called for the prompt and proper implementation of international measures to provide a Place of Refuge for stricken vessels, following a series of incidents where casualty vessels have been delayed in accessing a safe harbour.
Standard Life Investments, the global investment manager, believes that global equity markets can move higher if corporate earnings come through and companies invest their war chests of cash.
Gross contributions of the global takaful industry this year are expected to surpass US$20 billion. They are estimated to have already totalled nearly $19.87 billion last year.
Preparations for ING Insurance IPO are on track, said Mr Ralph Hamers, CEO of ING Group, adding that they "intend to go to the market this year, assuming conditions are favourable".
Lloyd's has entered into a discussion to set up a Lloyd's outfit in Dubai, said Intelligent Insurer.
The International Insurance Society (IIS) has announced Dr Denis Kessler, Chairman & CEO of SCOR, as the 2014 Insurance Hall of Fame inductee.