Marine Insurance

Marine insurance sectors continues to struggle from 2012 losses

Marine insurance takes a grievous blow from Hurricane Sandy It has been nearly six months since Hurricane Sandy struck the U.S. and losses from the…

Carnival announces Costa Concordia insurance will recover $851 million

According to a U.S. Securities and Exchange Commission (SEC) filing, Carnival Corp. has posted $851 million in recovered funds from its insurance policies as being…

Moody’s data shows insurance claims from Costa Concordia may break $1billion mark

According to Moody’s Investors Service, the insurance losses from the capsized Costa Concordia cruise ship from Carnival Corp off the Italian coast could break the…

Will travel insurance provide coverage for catastrophes such as that faced by Costa Concordia passengers?

When booking a vacation, many people wonder whether or not it is truly worth the added expense to purchase a travel insurance package, and whether…

Biggest maritime insurance losses in history will likely result from Costa Concordia cruise liner

According to industry experts and analysts, the ruined Costa Concordia cruise liner may become the largest maritime insurance loss in history. Early predictions are indicating…