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Insurance Day

Daily Digest: Insurers respond to super-yacht casualties, Cargo rates soften, Axis and RenRe stocks lead in bullish week

Catch up on the essential news and analysis from the Insurance Day experts

Taking a proactive approach to super-yacht casualtiesThe sinking of the 56-metre super-yacht  Bayesian off the coast of northern Sicily in August this year, which claimed the lives of seven people including British software entrepreneur Mike Lynch, is officially still under investigation. But the incident and other casualties this year involving super-yacht fires, collisions and groundings, raise several questions for the super-yacht insurance market and the maritime emergency response service providers named on super-yacht insurance policies.

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