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Insurance
Opinion
Sanchi: get ready for the backlash
David Osler
Latest big spill is PR car crash and may result in tougher legislation
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Slow steaming may cut insurance claims
‘Parallel development is no proof of a causal connection between the claims frequency and the vessels’ speed, but nevertheless an indication of a possible correlation,’ the Oslo-based organisation notes
Casualties more likely where and when insurers intuitively expect
Nordic trade association now using AIS data to factor in geographical location of claims for the purpose of its statistical analysis
Big rise in Nordic marine premiums
Last year ‘marked an end to three exceptionally benign claims years, with the impact of large claims returning back to a more normal pattern,’ says Helle Hammer
Lloyd’s marine and aviation lines continue to lag other classes
Marine, aviation and transport was the worst-performing segment at Lloyd’s during 2019
Swedish Club imposes general increase after combined ratio hits 5%
‘We have continued to advance during 2019, delivering one of the strongest solvency ratios in marine and P&I,’ insists Lars Rhodin
Virus lockdown sees force majeure at Indian ports
‘We are facing unprecedented odds to sustaining our business’ — Essar Shipping chief executive Ranjit Singh
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