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Insurance

Keep informed with daily analysis and insight into shipping insurance to reduce risk, support reinsurance decisions, manage investments and identify exposure within the maritime industry

EU and G7 states seek to resolve P&I stand-off with Türkiye

P&I Clubs argue that meeting Turkish requirements on insurance cover would land them in breach of sanction regulations

Turkey Insurance

Marine insurance claims picture ‘extraordinarily’ benign, says IUMI

Last year characterised by tentative recovery in global trade, rise in absolute premium volumes, and improved loss ratios across all main classes

International Insurance

West makes senior promotions to strengthen Asia business

Move designed to strengthen two of club’s key Asia offices

Asia Pacific Hong Kong

Ukraine war risk reinsurance premiums set to increase

Basic hull and machinery rates are hardening. However, it is wrong to describe current situation as ‘hard market’ in the proper sense of the term, says Mike Ingham of Gallagher

International Ukraine

London Club outlook rating revised down by S&P

Financial strength rating held at BBB, among lowest in the International Group

International United Kingdom

North and Japan Club set out rate hike plans

All but one of the 13 International Group affiliates have unveiled intentions

International United Kingdom

Top 10 in marine insurance 2022

Marine insurance has been well to the fore in 2022, providing war risk cover for both ships and cargo carrying vitally needed grain from Ukraine to markets in the developing world, as well as day-in, day-out P&I and H&M policies

Top 100 People Insurance

88 Dorothea Ioannou, The American P&I Club

Ms Ioannou has taken on the top job at The American Club during a time of challenges for the sector

Top 100 People Insurance

Gallagher predicts rates for hull and machinery to harden

Many shipowners are well placed to pay in the light of the current upturns in many segments. Upfront payment is probably the best available mitigation strategy, says broker

International Insurance

Maritime centre partners Gard on green project safety

Gard will assess risks inherent in the centre’s pilot projects and provide insurance coverage for the schemes

International Sustainability

Navigation incidents are ‘preventable’, says Standard Club

Tight ship schedules result in commercial pressure on both ship and pilot

International Crewing
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