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AccessMyLibrary    Browse    E    Europe Intelligence Wire    OCT-05    Hurricanes could blow up a storm over rate increases.

Hurricanes could blow up a storm over rate increases.

Publication: Europe Intelligence Wire

Publication Date: 31-OCT-05
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COPYRIGHT 2005 Financial Times Ltd.

(From Lloyds List)

A LEADING P'I broker expects clubs to look to push through further increases in their premium levels next year because of the Gulf of Mexico hurricane season.

Stephen Hawke, executive director for Aon Marine and chairman of Aon PLF, the company's global P'I group, says there remain some clubs that have yet to master their technical activities and as such will be seeking further premium rises.

He says that while the...

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