Marine Link
Friday, March 29, 2024
SUBSCRIBE

Tower Group News

12 Sep 2016

French Prime Minister Manuel Valls Visits CMA CGM

French container shipper CMA CGM received Manuel Valls, Prime Minister of France, the CMA CGM Tower, Group headquarters in Marseille, Friday September 9. The Prime Minister was accompanied by Emmanuelle Cosse, Minister for Housing and Sustainable Habitat, the Regional Prefect and elected officials. Manuel Valls was greeted by Jacques Saade, Founder and CEO of CMA CGM Group, and members of senior management. The two men exchanged views on the maritime industry, global trade, and the major role of the French CMA CGM in Marseille and economy. The Group transported in 2015 over 6.5 million tonnes of French goods to the world and employs over 4,500 people in France, 2400 in Marseille, where it is the largest private employer in the city.

06 Dec 2013

American Club Strengthens Management

Michael Hansen

The American P&I Club is reorganizing its underwriting and business development functions into a regionalized structure comprising the Americas, EMEA (Europe, Middle East, Africa), South and Southeast Asia, and Greater China and North Asia. “The more focused application of resources created by this new structure is intended further to improve service delivery to members, brokers and the club’s other business associates,” Joe Hughes, chairman and ceo of managers Shipowners Claims Bureau Inc.…

10 Jul 2013

ANV Divests its NYC Marine & Energy Insurance Business

ANV Holdings BV (ANV), a Dutch-headquartered specialty insurance business, signs agreement with Tower Group International, Ltd. (Tower) for the transfer of the unearned premium reserves on its marine and energy business previously written from its New York, NY office. As part of the transaction the team led by Messrs. Guarnera and Kaufmann will transfer from ANV to Tower in order to service the in-force policies for inland marine, off-shore energy, marine hull, cargo and liabilities currently serviced from the ANV New York office. ANV will continue to actively grow and promote its Marine and Energy business and customers from its London offices and through ANV Syndicate 1861. “This divestiture will enable ANV to pursue new investments in growing lines of business,” said R.