insurance


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: 3184

Tuesday, October 27, 2020
How Do You Insure Ships In The Arctic?
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: 436

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: 51

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: 44

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: 154

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: 104

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: 323

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: 48

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: 51

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: 21

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: 29

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: 50

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: 223

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: 16

Wednesday, June 17, 2015
Amid Slowdown, New Insurance Program Covers Stacked Equipment
Press Releases

Amid Slowdown, New Insurance Program Covers Stacked Equipment

  In response to the number of vessels and equipment that have been laid up due to recent downturn in the offshore oil and gas market, a

June 17, 2015
Total Views: 61

Thursday, January 30, 2014
mt seeb vlcc nitc
News

P&I Clubs Sound Alarm Over Iran Ship Insurance

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify

January 30, 2014
Total Views: 34

Thursday, January 16, 2014
japan P&I club
News

Japan P&I Club to Resume Ship Insurance For Iranian Oil Imports

TOKYO, Jan 16 (Reuters) – Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief

January 16, 2014
Total Views: 133

Tuesday, October 8, 2013
iran india flag
News

Iran’s Maritime Trade With India Hit By Insurance Delay

By Nidhi Verma NEW DELHI, Oct 8 (Reuters) – Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover,

October 8, 2013
Total Views: 50

Friday, September 13, 2013
Insurers on Edge as Costa Concordia Salvage Nears
Marine Salvage

Insurers on Edge as Costa Concordia Salvage Nears

When salvage teams begin hauling the wrecked Costa Concordia liner upright on the Italian island of Giglio next week, the financial stakes for insurers will be

September 13, 2013
Total Views: 139

Wednesday, August 1, 2012
bulk carrier heavy seas storm ocean waves
News

Marine Insurance Antitrust Probe Dropped by European Regulators

(Bloomberg) — European Union regulators dropped an antitrust probe into marine-insurance agreements among groups of ship owners, saying there

August 1, 2012
Total Views: 55