Bermuda-based Shoreline Mutual, which issues certificates of financial guarantee for vessels entering US waters, has arranged further reinsurance for all its members to protect them against supplemental cash calls being made in the event of substantial claims.The policy, which has been placed by Willis Faber & Dumas and Sedgwick Marine & Cargo and is underwritten 100 per cent at Lloyd’s, is expected to strengthen Shoreline’s product in the battle for business with its main rival, First Line, which is also based in Bermuda.
Articles Bermuda Insurance Listed SecuritiesFebruary 23, 1995
Topics
Bermuda Insurance Listed SecuritiesKeywords
Bermuda Insurance Market Sedgwick Marine & Cargo Shoreline Mutual Willis Faber & Dumas