marine insurance

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

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.

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

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

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

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

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

The number of total losses among vessels over 500GT hit at a 20-year low in 2018 despite growth in the global fleet, according to the International Union of

By Carolyn Cohn and Jonathan Saul LONDON, April 26 (Reuters) – Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing

LONDON, March 26 (Reuters) – British ship insurer UK P&I Club has received approval from the Dutch regulator for a new subsidiary in Rotterdam to

Rolls-Royce and risk management firm AXA Corporate Solutions on Monday announced they have signed a Letter of Intent (LOI) to explore ways to jointly develop

By Jonathan Saul LONDON, Feb 22 (Reuters) – British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access

The majority of auxiliary engine damage occurring onboard ships happens as the result of human error, according to a new warning from the marine insurer The

British ship insurer the London P&I Club has issued a warning of the increased risk of accidents involving ships at anchor in the Bangladeshi port of

By Jemima Kelly LONDON, Sept 6 (Reuters) – Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a