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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

Steamship chief executive warns on inflation effect

Jonathan Andrews hails ‘strong’ result at International Group affiliate

International Insurance

Government intervention imperative in tackling ‘shadow’ oil fleet

Höegh LNG and Gard chairman says risks emanating from the growing shadow fleet of tankers circumventing Western shipping sanctions cannot be ignored and must register with governments to avert catastrophe

Casualty VLCC

It’s not yet time for Plan B on Russia shipping sanctions

Our industry is providing a second front without the shooting. Let the vice tighten slowly but surely

Sanctions Political Risk and Trade

Steamship Mutual returns to underwriting surplus

Free reserves take hit from negative investment return, but club gained both owned and chartered entered tonnage last year

Insurance United Kingdom

Western insurers cover two thirds of Russia’s Baltic and Black Sea oil exports

Greek shipowners and insurers have limited presence on Russia’s eastern seaboard where oil is selling above the Western price cap, driving trade bifurcation and rise of dark fleet of anonymously owned, vintage tankers

Sanctions Political Risk and Trade

Combined ratio back under control at UK Club

‘The club is underpinned by its financial strength and during the year our regulatory capital ratio increased,’ says chief executive Taylor

Insurance United Kingdom

Ukraine conflict fallout will challenge shipping in year ahead, says insurer AGCS

Threat of collateral damage on civilian shipping in or around war risk area remains high, and could stem from floating mines

Ukraine crisis Casualty

NorthStandard plans big boost to commercial premiums

Doubling lines such as offshore energy, strike and delay, hull and machinery, coastal and inland, and fishing and aquaculture will provide diversification away from pure P&I book, Jennings and Grose argue

Insurance International

Terms of FD&D cover varies between clubs, Marsh study finds

Defence makes up only a limit proportion of overall club premium income. But members value the service

International Insurance

Court of Appeal finding in Quadra v XL strengthens hand of insureds

Decision has market-wide implications for ‘insurable interest’ provisions in cargo insurance policies

Law Ukraine

Shipowners’ Club hails ‘breakout year’

Premium income hits record high, but marine mutual takes hit from declining investment returns

Insurance International

Martin Hall moves from Clyde & Co to Hill Dickinson

Casualty specialist who headed Clyde & Co’s casualty practice for many years, has joined Hill Dickinson’s Piraeus office with partner-equivalent status

Insurance Hill Dickinson
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