Two insurers have issued a profit warning following a fire at Lurssen shipyard that destroyed super yacht insured for 700m Photo.

Lurssen yacht fire insurance. In the early morning at approximately 0200 a fire broke out in the floating dock of the Fr. Full service for yachts and team during maintenance refits conversion and newbuilds When you place your yacht in the hands of Lürssen you can be assured that we will not only carry out the planned newbuild repairs maintenance refit or conversion but will also see to the needs of your captain crew and other representatives during their stay in northern Germany. Insurers could face huge hull loss from Lürssen shipyard fire.

Lürssen said that it could not yet comment on the extent of the damage. Its been reported by TradeWinds that the insurance and reinsurance market could face as much as a 700 million marine hull claim as a result of the Lürssen shipyard fire. One would think with the purchase of B V there would be more.

According to IBI Plus the claim amount MAY total 590 million and TradeWinds the largest media outlet dedicated to the yachting industry has reported 700. 21st September 2018 - Author. Well its understandable that the schedule if out of whack since they had a huge fire damaging one of their soon to be delivered yacht and equipment I suspect we will not return to normal for a while also remember there should be a 50 meter yacht that was signed last year that should be almost halfway done somewhere.

Hiscox puts 13 million aside for Lurssen fire By superyachtinvestorteam November 7 2018 0945 Insurer Hiscox released its quarterly figures. The exterior changes on Kaos are done by Sam Sorgiovanni but most of the work has been done on the interior. News Social Media.

The recent fire at the Lürssen shipyard whichcompletely burnt down anearly completed megayacht over 100 metres long in a floating dock in Bremen could result in the biggest insurance payout in the history of the yacht industry. Lurssen said in a statement that no one was injured but the yard told local media that the yacht under construction was caught in the fire. The emergency procedures commenced immediately in the course of which the persons still working on board were evacuated and examined with respect to possible smoke intoxication and the firefighting department and emergency.

Fire at the Lurssen yard photo submitted Yachting industry media identified the yacht as a newbuild and it is likely. Lürssen Shipyard in Bremen-Aumund and onboard the yacht within it. News Media Events.