marine insurance

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

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

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

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

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

Protection and indemnity insurance providers North P&I and Standard Club have announced plans to explore a potential merger of the two clubs. The

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

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

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

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