Yacht insurance – how to protect your wealth

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Media coverage of the multi-million pound fire-damaged and total loss yachts – The One and Barbie – has been in overdrive, compounded by further stories of yachts being mysteriously destroyed in various marinas across the world. From an owner’s perspective the reports must be alarming, but from an insurance viewpoint the incidents and frequency are considered very unusual. What the reports do indicate is that owning a yacht can be an unpredictable experience, and a random event, usually beyond your control, can destroy your asset and/or impose a liability on you. Should the insurance policy be inadequate, your personal capital is at risk.
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Financial Centres Reflect Present Stability

New York

The latest Global Financial Centres Index from Z/Yen shows stability at the top of the Index, which lists the leading 86 Financial Centres. The top five remain: London, New York, Singapore, Hong Kong and Tokyo. The only change in the order at the top since the previous Index was published in September 2015 is that Singapore has moved above Hong Kong.
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London Best City in Europe for Property Investment: Report

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London has been named as the top city in Europe for investment in property by real estate services company, JLL (formerly Jones Lang LaSalle). The report, the City Momentum Index, is published annually by JLL. The Irish capital, Dublin, is in second place, with Paris in third.
The report looks especially at places in Europe where rapid change is taking place, and the published top 12 are cities which combine real estate dynamics such as investment, property prices and construction with socio-economic factors. Each of the top three cities are marked out for being strong in technology, having deep talent pools and also ambitious urban development plans.
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Posted in Blog, News