Tindall Riley has dismissed market talk that it is seeking to dispose of Carina, its fixed premium marine insurance company.
The London insurance market was rife with chatter that Tindall Riley — the managers of the Britannia P&I — is ready to sell off Carina as it does not fit well with Britannia’s mutual business model for oceangoing vessels.
Carina is focused on the small ship market up to 5,000 gt, and it recently set up protection and indemnity cover for inland-waterway vessels.
