insurance

Global ocean hull premiums rose by 5.7% in 2022 due to increased activity, vessel values, and reduced market capacity, but change is on the horizon

The International Union of Marine Insurance (IUMI) reports a positive trend in the marine insurance market, with an 8.3% increase in global premium base for

LONDON, Sept 7 (Reuters) – Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if

LONDON, Aug 10 (Reuters) – Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they

Unexpected shipping casualties or vessel incidents occur frequently and can result in an investigation and the suspension of your USCG license. Acting fast and

The following is a review of the book Dead In The Water, a book about the Brillante Virtuoso, a tragedy that shook the shipping world and left us all

TOKYO, Dec 24 (Reuters) – Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in

Robert Huish (The Conversation)–The European Union and the United States are now targeting maritime protection and indemnity (P&I) insurance

by Carolyn Cohn (Reuters) Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who

By Jonathan Saul (Reuters) With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1’s

By Serene Cheong Oct 22, 2022 (Bloomberg) –Traders, tanker companies and the world’s most powerful governments are becoming increasingly fixated

The maritime industry’s most anticipated annual report on incidents and casualties – Allianz’s Safety & Shipping Review 2022 – is

The maritime industry’s most anticipated annual report on incidents and casualties – Allianz’s Safety & Shipping Review 2022 – is

The big, boxy floating steel parking garages known in the industry as Roll-on Roll-off ships, or RoRo’s, might be more dangerous than marine insurance

By Ruma Paul and Jonathan Saul DHAKA/LONDON, March 18 (Reuters) – State-owned Bangladesh Shipping Corp is seeking $22.4 million from its insurer for

Protection and indemnity insurance providers North P&I and Standard Club have announced plans to explore a potential merger of the two clubs. The

Marine liability insurers are warning bulk carrier owners of increasing liquefaction risk of iron ore fines cargoes from Sierra Leone. In a recent circular to

By Christine Murray (Thomson Reuters Foundation) – As climate change threatens coral reefs around the world, conservation experts in Latin America have

by Carolyn Cohn (Reuters) – The recent blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine

By Jonathan Saul LONDON, Oct 27 (Reuters) – When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong.