Two Credit Information Resources You Should Look At

In the industries that we operate in, having the most up-to-date, objective opinions about an insurer’s, issuer’s, or financial obligation’s relative creditworthiness is critically important. These two websites are vital if you are to maxmize your ability to make the optimum decision for you or your company.   The links are located just below.   https://www.fitchratings.com/   http://www3.ambest.com/ratings/default.asp

Injured Crew Gets $1.46 Million Settlement

Published on January 15th, 2016 Providence, RI (January 15, 2016) – A federal judge has awarded a professional sailor from Newport $1.46 million for injuries he suffered disembarking a racing yacht in the Caribbean. U.S. District Court Judge John J. McConnell Jr. on Thursday (Jan 14) found that Moneypenny Holdings LLC, the Delaware corporation that owns the TP52 Vesper, was …

CFO attends America’s Cup World Series Event

Ronan Henry our Chief Financial Officer attended the Louis Vuitton America’s Cup World Series Event in Portsmouth last July (2015). Here he is pictured with Russell Coutts. Russell is a legend in the sailing world, his many achievements include a gold medal in the Finn Class in the 1984 Olympic Games, winning the America’s Cup five times, the ISAF World …

Coast Guard Rescue for HUGO BOSS

Published on October 31st, 2015 (October 31, 2015; Day 6) – Alex Thomson and Guillermo Altadill, skippers of yacht IMOCA 60 HUGO BOSS in the doublehanded Transat Jacques Vabre, set off their emergency beacon this afternoon at 13.25UT. The Spanish Coastguard was informed and sent a rescue helicopter to their location 82 nautical miles from the Spanish coast. Both Alex …

Lloyd’s City Risk Index 2015-2025 launch

Today, Lloyd’s has launched a ground-breaking new study that for the first time quantifies the potential economic impact of various manmade, natural and emerging threats on the world’s leading cities. Lloyd’s City Risk Index 2015-2025 looks at the projected GDP of 301 cities over a ten-year period and calculates how much of it is at risk from 18 specific threats. …

Leopard and Bella Mente finish RORC Caribbean 600

25th February 2015 Source http://caribbean600.rorc.org/News-2015/bella-mente-finish-rorc-caribbean-600.html George David’s Juan K designed Rambler 88 set the time to beat for the overall winner of the 7th edition of the RORC Caribbean 600, but it didn’t last for long. Hap Fauth’s JV72, Bella Mente finished the race just after 1130 on Day Three to set the bar for the remaining yachts to better. …

Self-Insurance Concept

Insurance Concept 10th March, 2015     The Rationale for Self-Insurance The Self-Insured option versus Risk Transfer in a conventional manner to the Commercial Insurance market can offer significant benefits to the parties concerned. Such parties normally fall into one of two categories, namely: Corporations that wish to minimise their own cost-of-risk, achieved typically via a Captive or Protected Cell …