insurance


Tuesday, May 10, 2022
Explosion in Ukraine Port
Incidents

Ukraine War – New Marine Insurance Report Studies Impact Of Russian Aggressions On Shipping

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

May 10, 2022
Total Views: 2304

Felicity Ace seen burning in the Atlantic Ocean off the Azores Islands. Picture was released Friday, February 18, 2022 by the Portuguese Navy. Photo courtesy Portuguese Navy
Incidents

Marine Insurance Report Warns of Ro-Ro Risk

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

May 10, 2022
Total Views: 6524

Friday, March 18, 2022
Bangladesh Seeks $22.4 Million Insurance Claim from Missile Strike on Ship in Ukraine
Shipping

Bangladesh Seeks $22.4 Million Insurance Claim from Missile Strike on Ship in Ukraine

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

March 18, 2022
Total Views: 47609

Monday, March 14, 2022
golden ray salvage
Shipping

Marine Insurance Mega-Merger? North P&I and Standard Club in Formal Merger Talks

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

March 14, 2022
Total Views: 2575

Thursday, September 16, 2021
bulk carrier ship
Shipping

Marine Insurers Warn of Liquefaction Risks from Sierra Leone Iron Ore Fines Cargoes

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

September 16, 2021
Total Views: 2309

Saturday, June 12, 2021
Coral Ocean Reef Cairns, Australia
Environment

Can Marine Insurance Save Coral Reefs?

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

June 12, 2021
Total Views: 1586

Thursday, April 1, 2021
Russian FPSO MARSHAL VASILEVSKIY Transiting the Suez Canal
Accidents

Marine Reinsurance Firms Expect Giant Suez Blockage Claims

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

April 1, 2021
Total Views: 3189

Tuesday, October 27, 2020
The Maersk containership Venta Maersk transits the Northern Sea Route on a one-off trial run of the Arctic route
News

How Do You Insure Ships In The Arctic?

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.

October 27, 2020
Total Views: 457

Monday, June 24, 2019
containership
Shipping News

Rivals Ride Rising Rates as Lloyd’s Abandons Some Ship Insurance

By Carolyn Cohn, Jonathan Saul and Suzanne Barlyn LONDON/NEW YORK, June 24 (Reuters) – Rivals to Lloyd’s of London are riding a rising tide of

June 24, 2019
Total Views: 63

Wednesday, May 15, 2019
UAE Navy boats next to Al Marzoqah Saudi Arabia tanker are seen off the Port of Fujairah
Shipping News

London Marine Insurers to Meet After Ship Attacks in Middle East

By Jonathan Saul LONDON, May 15 (Reuters) – London’s marine insurance market will meet on Thursday to assess whether it needs to change the risk

May 15, 2019
Total Views: 47

Tuesday, December 11, 2018
maersk honam fire
Shipping News

Maersk Aims to Cover Itself with Alternative Cargo Insurance

By Alexander Whiteman (The Loadstar) – Maersk Line is launching what it claims is an alternative to cargo insurance in response to the rising number

December 11, 2018
Total Views: 157

Friday, December 1, 2017
container ship terminal
Shipping News

British P&I Club Britannia Planning Luxembourg Subsidiary Due to Brexit

By Jonathan Saul LONDON, Dec 1 (Reuters) – British ship insurer Britannia plans to set up a subsidiary in Luxembourg as a result of Britain’s

December 1, 2017
Total Views: 114

Thursday, August 3, 2017
mol comfort disaster
Shipping News

Insurers Grow Anxious as Containerships Get Bigger and Cargo More Valuable

By Mike Wackett (The Loadstar) – With CMA CGM reportedly ready to sign a letter-of-intent for nine ultra-large container vessels (ULCVs) of 22,000 teu,

August 3, 2017
Total Views: 327

Thursday, June 1, 2017
Press Releases

Fidelis Group Holdings, LLC Hires Dennis Mathies as Senior Marine Underwriter

Fidelis Group Holdings, LLC (FGH), with its subsidiary Continental Underwriters, Ltd., announced today the hiring of Mr. Dennis Mathies as Senior Marine

June 1, 2017
Total Views: 58

Friday, February 24, 2017
cargo ship
Shipping News

Brexit Prompts Ship Insurers to Look at Luxembourg, Cyprus Bases

By Jonathan Saul and Carolyn Cohn LONDON, Feb 24 (Reuters) – U.K.-regulated ship insurers are preparing plans to open new outposts in European Union

February 24, 2017
Total Views: 54

Wednesday, January 18, 2017
Marine Insurance in the Trump Presidency: Smooth Sailing in 2017?
News

Marine Insurance in the Trump Presidency: Smooth Sailing in 2017?

By Julia M. Palmer (Holland & Knight) – Although the Trump Administration’s plans for significant infrastructure investment, including key

January 18, 2017
Total Views: 26

Tuesday, January 17, 2017
iranian crude supertanker
News

Ship Insurers to Resume Near Full Coverage for Iran Oil Exports

By Osamu Tsukimori and Keith Wallis TOKYO/SINGAPORE, Jan 17 (Reuters) – Global shipping insurers have devised a way to ensure nearly full coverage for

January 17, 2017
Total Views: 33

Thursday, January 12, 2017
Insurance Gaps Leave Shipping Exposed to Growing Cyber Threats
News

Insurance Gaps Leave Shipping Exposed to Growing Cyber Threats

By Jonathan Saul and Carolyn Cohn LONDON, Jan 12 (Reuters) – Shipping companies grappling with the threat of cyber attacks on vessels are finding

January 12, 2017
Total Views: 54

Wednesday, June 22, 2016
Expanded Panama Canal Seen Greatly Increasing Insurance Risk
News

Expanded Panama Canal Seen Greatly Increasing Insurance Risk

By Mike Wackett (The Loadstar) – Ahead of the official opening of the $5.25bn expanded Panama Canal this Sunday, the insurance industry is preparing

June 22, 2016
Total Views: 227

Thursday, January 7, 2016
Tianjin Blasts Barely a Blip for Marine Insurance Prices
News

Tianjin Blasts Barely a Blip for Marine Insurance Prices

LONDON/FRANKFURT, Jan 7 (Reuters) – Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of

January 7, 2016
Total Views: 21