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...
- Commercial Risk / Article / 2 months ago
- www.commercialriskonline.com
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...
- Commercial Risk / Article / 2 months ago
- www.commercialriskonline.com
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)...
- Commercial Risk / Article / 6 months ago
- www.commercialriskonline.com
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...
- Commercial Risk / Article / 7 months ago
- www.commercialriskonline.com
Survey reveals dissatisfaction with marine claims
Only 48% of maritime claims managers are happy with the claims process...
- Commercial Risk / Article / 9 months ago
- www.commercialriskonline.com
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...
- Commercial Risk / Article / 11 months ago
- www.commercialriskonline.com
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”...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
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...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
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...
- Commercial Risk / Article / 2 years ago
- www.commercialriskonline.com
Class action filed against cruise line for allegedly lying about impact of Covid-19
A class action lawsuit has been filed on behalf of Miami-based Norwegian Cruise Line Holdings (NCL) shareholders, claiming that the company violated securities...
- Commercial Risk / Article / 2 years ago
- www.commercialriskonline.com