marine 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

The International Union of Marine Insurance (IUMI) has published new recommendations on the safe carriage of electric vehicles (EVs) amid growing concerns

LONDON, June 7 (Reuters) – Tougher requirements for some ship insurers covering United Arab Emirates ships are aimed at boosting environmental

LONDON, June 6 (Reuters) – The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a

By Alex Longley (Bloomberg) — Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can

LONDON, April 26 (Reuters) – London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in

By Alex Longley and Alaric Nightingale (Bloomberg) — A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s

By Carolyn Cohn and Jonathan Saul LONDON, Dec 28 (Reuters) – Ship insurers said they are cancelling war risk cover across Russia, Ukraine and

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

Nov 29 (Reuters) – Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related

by Nidhi Verma  (Reuters) Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major’s refusal to accept

The International Union of Marine Insurance (IUMI), representing 44 national and marine market insurance and reinsurance associations, said underwriters have

By Áine Quinn and Alberto Nardelli (Bloomberg) — A vessel managed by a company based in Greece transported coal from a port in Russia late last month,

By Noor Zainab Hussain Aug 23 (Reuters) – Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a

By Alex Longley and Alberto Nardelli (Bloomberg) — The European Union jolted insurers and shippers by clarifying that a ban on EU entities servicing

By Aine Quinn, Ann Koh and Vivian Iroanya Aug 6, 2022 (Bloomberg) –Ukraine’s first shipments of grain since being invaded by Russia are a

By Carolyn Cohn (Reuters)  Lloyd’s of London insurer Ascot and broker Marsh  on Friday launched marine cargo and war insurance for

By Jonathan Saul LONDON, July 22 (Reuters) – A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine