Two Bermuda outfits battle for tanker market. (Shoreline Mutual and First Line want to underwrite financial guarantees for ships): An article from: ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on January 2, 1995. The length of the article is 1228 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Shoreline Mutual and First Line have become the top competitors in the rush to provide Certificates of Financial Responsibility (COFR) for shipowners whose vessels enter US waters. The two Bermuda companies want to issue the COFRs, which were required of all commercial vessels in US waters as of Dec. 8, 1994. By Dec. 23, First line was expected to have issued about 800 of its fixed-cost COFRs, while Shoreline has been able to sign only about 100 vessels to its mutual program, which may require multiple, indeterminate payments.

Citation Details
Title: Two Bermuda outfits battle for tanker market. (Shoreline Mutual and First Line want to underwrite financial guarantees for ships)
Author: David Marchant
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: January 2, 1995
Publisher: The National Underwriter Company
Issue: n1 Page: p8(2)

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