American Hellenic Hull Insurance Company Ltd (AHHIC) recorded outstanding underwriting performance during the first half of 2020, amidst a challenging global environment mainly due to the Covid-19 pandemic. The company’s success derives from the timely and well executed implementation of its Business Continuity Plan, as well as the recognition of AHHIC as one of the […]
World’s insurers and UN Environment Programme launched the first global insurance industry guide to tackle sustainability risks, co-led by United Nations Environment Programme (UNEP) and Allianz and involved other leading insurers, insurance associations, and academic institutions from across the globe. The members of the Principles for Sustainable Insurance project team that developed the guide include […]
American Hellenic Hull Insurance Company Ltd (AHHIC) can report a positive first quarter of 2020 in terms of growth and operating performance. A 206% year-on-year increase of underwriting profit margin and a loss ratio of 64% as AHHIC successfully implements its business continuity plan in response to the Covid-19 pandemic In early March, AHHIC activated […]
At American Hellenic Hull, we are striving to serve the Sustainable Development Goal No 4, aiming to advance quality in education, by sharing our knowledge and expertise in the field of marine insurance and achieving the interconnection between the educational institutions and the shipping industry. Following the first of its kind Memorandum of Understanding signed […]
As a marine insurer, American Hellenic Hull Insurance Company (AHHIC) provides hull and machinery services to the international shipping industry that is currently called upon to adapt to a wide range of challenges. Not least among these are new requirements deriving from the International Maritime Organization ’s regulations aimed at reducing industry’s impact on the […]
Due to the ongoing spread of the Coronavirus Disease 2019 (Covid-19), we have activated our Business Continuity Plan in response. The World Health Organization (WHO) has assessed Covid–19 as a pandemic and this underlines the need for all parts of the value chain to react in a responsible way to address the risks and consequences […]
Sustainability is not different than reinventing the wheel, as we are asked to do the same things in a different way. So, we need to re-use, re-evaluate, re-assess the impact, re-act in a responsible way. However, how responsible are we at the end of the day? How committed are we to meet the needs of […]
Opening the first panel at the 2020 SAFETY4SEA Limassol Forum, Tuesday March 10th, Mr. Ilias Tsakiris, CEO, of American Hellenic Hull Insurance Company, highlighted that it is time for action for a more sustainable shipping industry. Furthermore, he shared the key pillars of focus for the industry to reinvent the way it does business in line […]
The world around us is changing and at American Hellenic Hull Insurance Company (AHHIC) we believe in being proactive to achieve a more sustainable future. This is particularly important in our sector, given the essential role of insurance in the maritime adventure. Thus, AHHIC is the exclusive marine insurance company to sign the United Nations […]
“Combined ratio in January 2020 stood at 88.6%” American Hellenic Hull Insurance Company (AHHIC) is continuing its remarkable growth. January 2020 was the third best month in AHHIC’s history in terms of gross earned premium. From May 2019 onwards, the monthly results have consistently been among the best since the company’s inception. AHHIC’s insured fleet […]
