The marine divisions of several insurers look to be facing a loss approaching 600m 720m as a result of the fire that broke out in superyacht shipyard Lürssen on the morning of Friday September 14th.

Lurssen yacht fire insurance. The recent fire at the shipyard Lürssen which resulted in a floating dock in Bremen is fully burned almost completed yacht with a length of more than 100 meters can lead to the largest in the history of the yachting industry insurance payment. 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. In the early morning at approximately 0200 a fire broke out in the floating dock of the Fr.

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. News Social Media. Earlier this week Lancashire reported a 30m marine portfolio liability.

Two insurers have issued a profit warning following a fire at Lurssen shipyard that destroyed super yacht insured for 700m Photo. 21st September 2018 - Author. One would think with the purchase of B V there would be more.

Lurssen Marine insurers reveal losses from super yacht. 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. Property Claim Services PCS has designated the recent Lürssen shipyard fire as an event under its PCS Global Marine Energy product triggering the process to monitor aggregate and report on the insurance and reinsurance industry loss.

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 fire fighting department and emergency. 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. After an extensive 15 year refit at the Lurssen Blohm Voss facilities in Hamburg the 110 m Super yacht Kaos formerly known as Jubilee departed.

Lürssen Shipyard in Bremen-Aumund and onboard the yacht within it. 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. 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.