Atlantic – We look after your risk
Covid-19 vs The Marine Insurance Market
The Covid-19 pandemic has presented all the worldwide insurance markets with a new challenge that is currently dividing that market in the way it will respond to the needs of its clients. Atlantic Insurance has previously reported on the impact Covid-19 has had on various jurisdictions, particularly focused on various South American regions, which can [...]
Q & A Brazil
We now take a close look at Brazil where we spoke to Godofredo Mendes Vianna who is managing partner of Kincaid Mendes Vianna Advogados, a leading Brazilian law firm established in Rio de Janeiro in 1932. He joined the firm in 1987 and became a partner in 1993. Godofredo has longstanding experience in litigation and [...]
Q & A Colombia
In Colombia we had the chance to speak with A&A Multiprime who work as P&I Correspondents in Colombia and Central America providing P&I, H&M, FDD, emergency, legal and surveying services. We spoke to Santiago Moreno Andrade, Manager and founding Partner as Head of the Legal Practice since 2010 in A&A. The firm is known as [...]
Q & A Perú
In Peru we spoke to top P&I correspondents and maritime lawyers Messrs. Interlog Servicios S.A.C , Mr. Francisco Arca Patiño who leads the firm together with Carla Paoli Consigliere. Francisco is a former President and member of the Peruvian Maritime Law Association and Member of the Maritime International Committee. Francisco took part as Professor of [...]
Q & A Argentina
We now turn our attention to Argentina where we spoke to Alberto Trigub, Managing Partner of Pandi Liquidadores. Alberto and his firm have a proven track record of handling most of the major casualties involving pollution in Argentina and Uruguay, collisions and FFO claims. The firm acts as a pure P&I correspondent attending all ports [...]
Q&A Chile
Today we are starting our series of Q&A interviews with JJR Abogados of Chile. In particular we speak to Ricardo Rozas who leads JJR´s marine practices together with Max Morgan. Ricardo is a arguably one of the best maritime lawyers in Chile. He is past chair of the maritime and land transport committee of the [...]
LATAM focus: South America & Covid 19 – Interviews
How is South America coping with the Covid-19 crisis and how has it affected its people, economies and its shipping sector? As a boutique marine insurance broker with a strong focus and presence in South America we enjoy the trust of many clients in South & Central America but of course we also have clients [...]
Current Trends in the Megayacht Industry
New projects over 24 metres? According to reports in December 2019 the global superyacht industry paused for breath with only 807 projects over 24 metres ordered (with deposit taken) against the 830 orders recorded in 2018. This slight dip can be interpreted in different ways: On one hand some reports saw it as a welcome [...]
Guy Pierpoint joins Atlantic as Senior Executive Director
We are delighted to announce that as of today, June 1st 2020 Guy Pierpoint has joined ATLANTIC at our London office as Senior Executive Director. Having been engaged in the marine insurance market for over 30 years, Guy has held several senior positions in the industry, instrumental in the start of Osprey Underwriting Agency in [...]
Watch our Video update on the state of the Megayacht H&M market
https://www.youtube.com/watch?v=AMxqMx4BNuE
Barrington Buchan joins Atlantic as Non-Executive Director
We are delighted to announce that Mr. Barrington Buchan Esq. has joined ATLANTIC Insurance & Reinsurance Brokers as Non-Executive Director. Mr. Buchan was one of the founders and owners of Newman, Martin and Buchan (NMB), a highly successful London headquartered insurance brokerage with 180 employees. NMB was sold in 2013 to an CGCS. Mr. Buchan was [...]
Contango Markets and the Perils of chartering Tankers as Floating Storage
The global consumption of oil products has plummeted as a result of the outbreak of the COVID-19 and the consequential slump in the energy demand -particularly speaking of aviation, marine and automotive fuels- has caused an overall reduction of a 30% (i.e., about 30 MMbbl / day) in the demand of crude oil. These circumstances [...]
The Megayacht market: Increased scrutiny from H&M Underwriters when it comes to maintenance and yard works performed by subcontractors
It is common practice to find a clause in Hull & Machinery policies that states that coverage will remain in full force during routine maintenance and the annual refit. Notwithstanding the foregoing it is a condition precedent that if a vessel is under major repair/alteration - including hot works - where the yard has requested [...]
Covid-19 and P&I Clubs
What impact has the Coronavirus had on the P&I Clubs so far? The obvious impact on the Clubs has been a financial one. Given the recent stock market crash, all Clubs have suffered sizeable investment losses. Whilst many of the Clubs have extremely robust free reserves, they also have a lot to lose! Having now [...]
COVID 19 Highlights
Given the ongoing spread of the Covid-19 (Coronavirus), where on Wednesday March 11th, 2020 the WHO Director-General's declared the outbreak as a pandemic, we wish to highlight a number of issues and considerations that will concern Shipowners and Charterers in this context. We believe it is useful and vital to continue to inform and educate [...]
Atlantic’s first P&I (pre renewal) report
Hereafter you will find our Atlantic's first P&I (pre renewal) report. Please Press here to download the full report.
Lloyd’s returns to profit in the first half of 2018
The Chairman of Lloyd's, Bruce Carnegie-Brown, has informed of the return to profit of the Lloyd’s market in the first six months of 2018 following a year of underwriting losses in 2017. The aggregated market profit was £0.6bn (June 2017: £1.2bn), with a comparatively low investment return of £0.2bn (June 2017: £1.0bn). The combined ratio improved [...]
Foro Alsum Venezuela: Luis Tojeiro presentó ante los asistentes “Tipos de embarcaciones: riesgos y su aseguramiento” (07/12/2017)
[:es]El pasado 7 de diciembre de 2017 la Asociación Latinoamericana de Suscriptores Marítimos - ALSUM junto con la Cámara de Aseguradores de Venezuela - CAV, y el importante apoyo de Provincial Re y Risk Solutions; respondiendo a los desafíos de la actualidad mundial y en su búsqueda de generar conocimiento, trajeron a sus asociados y al público en general, el "Foro ALSUM [...]
Entrevista a Luis Tojeiro en la Voz de Galicia (12/6/2016)
[:es]«En España es normal nacer y morir en una empresa, aquí no» Luis Tojeiro (A Coruña, 1962) era un abogado con casi veinte años de ejercicio en Vigo cuando decidió cambiar de profesión, de país y de continente. Desde hace tres años dirige la sede de la compañía Atlantic Brokers Americas, de la que es [...]
Entrevista a Manuel Ferrández ( “La Razón” )
[:es]Haga click aquí para descargar el contenido.[:en]Click here to download the content.[:]
Boletín 1126 – 03/17 – Huelga de Estibadores en Puertos Españoles
[:es]Después de que el Gobierno español aprobara la reforma de la Ley Portuaria de Estibadores el pasado viernes 24 de febrero de 2017, el Club ha sabido que las siguientes huelgas serán convocadas por los estibadores en todos los Puertos Españoles. Los estibadores de los principales puertos españoles han convocado 9 días de huelgas parciales [...]
STOPIA 2006 (MODIFICADO EN 2017) Y TOPIA 2006 (MODIFICADO EN 2017) – ENMIENDAS DEL 2017
[:es]RESUMEN STOPIA y TOPIA han tenido su revisión del período de 10 años con la participación de buques y los intereses de carga de petróleo El IG, conjuntamente con ICS e Intertanko, ha decidido no ajustar la carga financiera bajo los dos Acuerdos en esta ocasión. Se han acordado dos cambios: i) [...]
Boletín 1124 – 02/17 – Campaña de Hielo en el Mar de Azov
[:es]El Club ha sido informado recientemente de que la Campaña de Hielo en el Mar de Azov ha entrado en vigor el 3 de febrero de 2017. Se ha llamado la atención de los Miembros a través de la siguiente sugerencia por parte de nuestro corresponsal local. Según la orden nº 21 del Capitán del [...]