A Portuguese-flagged container ship, the MSC Aries, was seized by Iran on April 13 for "violating maritim...
Insuring the Transportation of Gold
Discover how blockchain technology is impacting the insurance industry's approach to insuring the transportation of gold by enhancing transparency...
Discover how blockchain technology is impacting the insurance industry's approach to insuring the transportation of gold by enhancing transparency...
Article / 13 days ago
Cargo underwriters flag concern as rate reductions creep in
Underwriters said there was some cause for concern around reinsurance coverage....
Underwriters said there was some cause for concern around reinsurance coverage....
Article / 15 days ago
Baltimore incident likely to drive up marine insurance rates
Assuming the loss is significant, the likely outcome is “an increase in pricing,” said Marcus Baker, global head of marine, cargo, and logistics for Marsh LLC in London.....
Assuming the loss is significant, the likely outcome is “an increase in pricing,” said Marcus Baker, global head of marine, cargo, and logistics for Marsh LLC in London.....
Article / 22 days ago
Chubb-supported trucking program Mohave to stop underwriting at 1 April
The program established by trucking giant Knight Swift to write third-party business on Chubb and Harco paper and reinsured by its captive Mohave Transportation...
The program established by trucking giant Knight Swift to write third-party business on Chubb and Harco paper and reinsured by its captive Mohave Transportation...
Article / 28 days ago
Insurers foresee more cancellations, premium rise if Red Sea attacks persist - The Hindu BusinessLine
Indian general insurers adjust policies and premiums due to Red Sea disruptions, with potential long-term impacts on marine business.
Indian general insurers adjust policies and premiums due to Red Sea disruptions, with potential long-term impacts on marine business.
thehindubusinessline.com /
Article / 2 months ago
Denèfle: One ship sinking will be all it takes for Red Sea rate spike further - The Insurer
IUMI president Frédéric Denèfle believes it would only take one vessel sinking in the Red Sea to cause a significant further spike in insurance rates in the region....
IUMI president Frédéric Denèfle believes it would only take one vessel sinking in the Red Sea to cause a significant further spike in insurance rates in the region....
Video / 2 months ago
Hapag-Lloyd's Saudi Arabia land corridors unlikely to impact Red Sea rates
German shipping group Hapag-Lloyd's introduction of land transit corridors through Saudi Arabia is unlikely to have any significant impact on rates or trade flows,...
German shipping group Hapag-Lloyd's introduction of land transit corridors through Saudi Arabia is unlikely to have any significant impact on rates or trade flows,...
Article / 3 months ago
Ship Insurers Seeking Exclusions for US and UK Vessels from Red Sea Coverage - gCaptain
Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they navigate the southern Red Sea, another sign of...
Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they navigate the southern Red Sea, another sign of...
gcaptain.com /
Article / 3 months ago
Red Sea war insurance rises with more ships in firing line - Reuters
War risk insurance premiums for shipments through the Red Sea are rising after further attacks on merchant vessels by Yemen's Houthi movement...
War risk insurance premiums for shipments through the Red Sea are rising after further attacks on merchant vessels by Yemen's Houthi movement...
reuters.com /
Article / 3 months ago
Red Sea attacks – what is the fallout for insurance?
Inflationary alarm bells sounded thanks to supply chain warnings and rising expenses...
Inflationary alarm bells sounded thanks to supply chain warnings and rising expenses...
Article / 3 months ago