Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, concerns within the hull insurance market remain, says the International...
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The Hong Kong Federation of Insurers announced the official launch of their new Executive Certificate in Marine Insurance at the 5th Asia Marine Insurance...
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Pakistan's Senate has passed a Marine Insurance Bill in a move to promote the marine insurance sector in the country and to provide a legal framework for the regulation of this class of business...
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A year ago, the container shipping industry was in the doldrums with oversupply of capacity and lay-up of 7% of the global fleet in capacity terms. Predictions were...
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Thailand's first marine insurance Bill based on a UK law has received the green light from regulators and will be sent to the Cabinet for consideration...
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As Arctic sea ice declines due to global warming, more vessels, ranging from cargo carriers as well as cruise liners are taking tourists...
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Insurance companies are considering an increase in marine cargo and hull insurance premium rates in the wake of the tensions between India and Pakistan...
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No less an organisation than the International Union of Marine Insurance has expressed concern over the increasing number of large marine losses and their potential to put severe financial strain on insurance companies. In fact, two such incidents of accumulations risk have taken place within a year of each other...
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There is considerable concern as to whether or not businesses are insured against problems related to Hanjin Shipping of South Korea, the world's seventh largest containership operator, which recently announced that it was entering into administration, following financial difficulties, according to global insurance broking and risk management giant Marsh...
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