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marine insurance


Friday, July 29, 2022
Zelenskiy Ship Odessa
News

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: 4414

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

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: 2687

Wednesday, July 20, 2022
A bulk carrier departs the Port of Odessa prior to the war. Image courtesy VolodymyrT / Shutterstock.com
Shipping

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: 731

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

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: 1444

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

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: 2661

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: 2213

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: 6361

Wednesday, May 4, 2022
File Photo shows a bulk ship with containership in background
Shipping

Marine Insurance Industry Braces for More Risk

By Ira Breskin (gCaptain) – The marine insurance industry is bracing to meet an expected upswing in multidimensional risk across product lines.

May 4, 2022
Total Views: 1890

tanker at sea
Shipping

EU Targets Russia’s Global Oil Trade With Shipping Sanctions

By Nikos Chrysoloras, Alberto Nardelli, Alex Longley and Alaric Nightingale (Bloomberg) — The European Union is seeking to go beyond an import ban on

May 4, 2022
Total Views: 2014

Wednesday, March 30, 2022
A silhouette of a ship underway in the distance at dusk
Shipping

Ukraine Calls on Marine Insurers to Withdraw Russia Coverage

By Benjamin Robertson (Bloomberg) — The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies

March 30, 2022
Total Views: 1202

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: 2523

Tuesday, March 8, 2022
Russian Sailors silhouette Sevastopol
Maritime Security Incidents

Ship Insurers Extend War Risk Zone “Close To Romania”

by Jonathan Saul (Reuters) – London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it

March 8, 2022
Total Views: 2596

Friday, February 25, 2022
Black Sea Insurance Rates Soar As NATO Fails To Protect Commercial Shipping
Navy

Black Sea Insurance Rates Soar As NATO Fails To Protect Commercial Shipping

When Russia attacked Ukraine, the nearest US Navy or major NATO ally was in the Mediterranean. Now insurance rates soar as peacefull ships get

February 25, 2022
Total Views: 4412

Wednesday, October 13, 2021
cargo ship
Press Releases

Keeping Crew In Mind Following a Serious Incident

In the aftermath of an onboard incident that leads to serious or fatal injuries, the well-being of fellow crewmembers must not be forgotten – especially when

October 13, 2021
Total Views: 2408

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: 3142

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: 345

Monday, August 10, 2020
Marine Insurance Losses Seen Below $250 Million from Beirut Blast
Maritime News

Marine Insurance Losses Seen Below $250 Million from Beirut Blast

LONDON, Aug 10 (Reuters) – Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut

August 10, 2020
Total Views: 70

Tuesday, December 3, 2019
yantian express closeup
Maritime News

Uncertainty Prevails Across All Marine Insurance Lines, IUMI Report Shows

The return of major losses in shipping and the increasing accumulation of risk, both onboard ships and ashore, is impacting various lines of the marine

December 3, 2019
Total Views: 17

Tuesday, October 22, 2019
yantian express closeup
Maritime News

Marine Insurers Call for Action to Address Containership Fires

The International Union of Marine Insurance says it’s time to take action to address an alarming number of containership fires occurring in 2019. So far

October 22, 2019
Total Views: 46

Monday, September 16, 2019
maersk honam fire
Maritime News

Marine Insurance Premiums See Modest Increase Amid Market Uncertainty -IUMI

Marine underwriting premiums rose by just one percent last year, but future market development remains uncertain as the marine insurance sector faces

September 16, 2019
Total Views: 38
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