marine insurance

Friday, April 28, 2023

Rising Oil Prices Complicate Russian Price Cap Checks for Marine Insurers

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

April 28, 2023
Total Views: 450

Wednesday, April 26, 2023

London Marine Insurers Add Sudan to High Risk List

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

April 26, 2023
Total Views: 735

Wednesday, December 28, 2022

Ship Insurers’ Exodus From Russia-Ukraine Trades Gathering Pace

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

December 28, 2022
Total Views: 1332


Ship Insurers to Cancel War Cover for Russia, Ukraine from January 1

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

December 28, 2022
Total Views: 4411

Saturday, December 24, 2022
Russian cargo ship Sparta II

Japan Firms To Stop Insuring Ships In All Russian Waters 

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

December 24, 2022
Total Views: 3528

Saturday, December 17, 2022

Smart Sanctions: The West Finally Gets Clever About Russia

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

December 17, 2022
Total Views: 11482

Tuesday, November 29, 2022

Russia Seeking Shipping Insurance Recognition to Dodge Oil Cap

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

November 29, 2022
Total Views: 2359

Monday, October 17, 2022

Russian Oil Exports Fall After Exxon Rejects Putin’s Ship Insurance Plan

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

October 17, 2022
Total Views: 2839

Monday, September 19, 2022

Marine Underwriters Facing Significant Challenges In 2023

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

September 19, 2022
Total Views: 2090

Thursday, September 15, 2022
general cargo bulk ship

Greek-Managed Bulk Carrier Shipped Coal From Russia After EU Sanctions

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,

September 15, 2022
Total Views: 3541

Tuesday, August 23, 2022

Insurers Cover Grain Ship from Ukraine’s Black Sea Ports

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

August 23, 2022
Total Views: 663

Monday, August 15, 2022

Details of EU Ban on Russian Coal and Fertilizers Jolts Ship Insurers

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

August 15, 2022
Total Views: 3001

Saturday, August 6, 2022

Ukraine’s Grain Corridors Still Need Ships to Ease Food Crisis

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

August 6, 2022
Total Views: 937

Friday, July 29, 2022
Zelenskiy Ship Odessa

Lloyds To Insure War Grain Ships In Ukraine Sea Corridor

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

July 29, 2022
Total Views: 4389

Friday, July 22, 2022
grain ship Unity N loading in Romania

Ship Insurers Sail Into the Unknown as Ukraine Grain Deal Reached

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

July 22, 2022
Total Views: 2679

Wednesday, July 20, 2022

Ship Insurers Seek Greater Assurances on Ukraine Grain Corridor

LONDON, July 20 (Reuters) – Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are

July 20, 2022
Total Views: 729

Tuesday, May 31, 2022
Golden Ace Roro Car Ship Salvage

Members Give Greenlight for North and Standard Club Merger

Members of protection and indemnity insurance providers (P&I) North and Standard Club have “overwhelmingly approved” the plan to combine the

May 31, 2022
Total Views: 1436

Tuesday, May 10, 2022
Allianz Shipping Risk and Insruance Report

2022 Allianz Ship Insurance Report Highlights War, Fires, COVID, Climate Change, And Congestion

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

May 10, 2022
Total Views: 2542

Explosion in Ukraine Port

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: 2172


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: 5837