Lloyds List

Lloyd’s list reports on American Hellenic Hull’s growth progress

American Hellenic Hull Insurance, the new American P&I Club-backed marine hull insurer established last year in Cyprus, has set itself an ambitious growth target over the next three to four years. The article on Lloyd’s List (find the article here) reported what the Chief Executive, Ilias Tsakiris told at a shipping and insurance gathering in Limassol “the company has a target of insuring 4,000 vessels by 2020.”

Just nine months after it received its operating license, American Hellenic Hull is already covering a fleet of more than 1,500 ships from 10 different countries across three continents. The portfolio included all types of vessels, but foremost were bulk carriers and tankers, said Mr. Tsakiris.

 

news-image2

American Hellenic Hull begins operations

Backed by the American P&I Club and managed by Hellenic Hull Management, new insurer will be active worldwide in covering hull & machinery risks for shipowners.

Press Release license