Concerns over inflation and reduced property catastrophe capacity made 1 June reinsurance renewals diffic...
P&I club warns of shipping crew crisis on back of Covid-19 and supply chain woes
P&I insurer Standard Club has warned of a “looming crisis” in shipping crews, after a seafarers’ happiness index dipped to an all-time low...
P&I insurer Standard Club has warned of a “looming crisis” in shipping crews, after a seafarers’ happiness index dipped to an all-time low...
Article / 5 months ago
Shipping safety remains at all-time high but risks lie ahead: AGCS
Shipping losses remained at a historic low in 2020, with 49 large ships lost and the number of incidents down 4% year on year to 2,703, but Covid-19...
Shipping losses remained at a historic low in 2020, with 49 large ships lost and the number of incidents down 4% year on year to 2,703, but Covid-19...
Article / 11 months ago
Buyers push back on marine rate increases in 2021
Marine rates have continued to harden in the first half of 2021, although hull and machinery underwriters seeking...
Marine rates have continued to harden in the first half of 2021, although hull and machinery underwriters seeking...
Article / 12 months ago
IUMI renews focus on ESG issues to help deliver for clients
The International Union of Marine Insurance (IUMI) is refocusing efforts on environmental, sustainability and governance (ESG)...
The International Union of Marine Insurance (IUMI) is refocusing efforts on environmental, sustainability and governance (ESG)...
Article / 1 year ago
Claims and loss prevention in sharp focus for marine community during pandemic
Despite the interruption of global trade brought about by Covid-19, the international maritime sector has experienced a worrying level of claims activity during this period and the...
Despite the interruption of global trade brought about by Covid-19, the international maritime sector has experienced a worrying level of claims activity during this period and the...
Article / 1 year ago
Survey reveals dissatisfaction with marine claims
Only 48% of maritime claims managers are happy with the claims process...
Only 48% of maritime claims managers are happy with the claims process...
Article / 2 years ago
Gallagher urges P&I clubs to limit premium increases at renewal to around 5%
The drive from P&I clubs to push through double-figure premium increases at...
The drive from P&I clubs to push through double-figure premium increases at...
Article / 2 years ago
Covid-19 has pushed insurers forward ‘by a generation’, says IUMI
The Covid-19 pandemic has forced the insurance industry to digitalise “in a few short months” and moved the sector forward “by at least a generation”...
The Covid-19 pandemic has forced the insurance industry to digitalise “in a few short months” and moved the sector forward “by at least a generation”...
Article / 2 years ago
Covid-19 adds pressure to firming marine insurance market - Commercial Risk
Covid-19 is adding further pressure to the marine insurance market that had already seen price increases amid a worrying trend of large losses, according to Richard Turner...
Covid-19 is adding further pressure to the marine insurance market that had already seen price increases amid a worrying trend of large losses, according to Richard Turner...
Article / 2 years ago
P&I clubs face challenging year ahead, says Gallagher
A challenging year awaits the protection and indemnity (P&I) market, with uncertain and testing times ahead, according to Gallagher’s Marine P&I – 2020 Post-Renewal Market Update...
A challenging year awaits the protection and indemnity (P&I) market, with uncertain and testing times ahead, according to Gallagher’s Marine P&I – 2020 Post-Renewal Market Update...
Article / 2 years ago
