Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Fra...
The Oil Was From Iran. The Insurance Was From New York
Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates....
Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates....
Article / 2 months ago
Shipping Ministry eyes setting up India’s own P&I entity to insure shipowners from open-ended, high risks - The Hindu BusinessLine
India currently has no such entity and Indian shipowners have to approach International Group of P&I Clubs for such a cover...
India currently has no such entity and Indian shipowners have to approach International Group of P&I Clubs for such a cover...
thehindubusinessline.com /
Article / 3 months ago
Shipping: innocent victim of the global financial crisis? - Splash247
Banking regulations are changing, and that's potentially bad news for shipping, as Pierre Aury explains....
Banking regulations are changing, and that's potentially bad news for shipping, as Pierre Aury explains....
splash247.com /
Article / 4 months ago
Saudi Arabia: Marine insurance coverage instructions take effect
The Saudi Central Bank (SAMA) has announced the issuance of the Marine Insurance Coverage Instructions as part of the ongoing effort to regulate and advance the insurance sector and protect the rights of beneficiaries.
The Saudi Central Bank (SAMA) has announced the issuance of the Marine Insurance Coverage Instructions as part of the ongoing effort to regulate and advance the insurance sector and protect the rights of beneficiaries.
Article / 6 months ago
UAE clamps down on smaller P&I clubs - Splash247
In a move to clamp down on shady ships joining its ship registry, the United Arab Emirates Maritime Administration has issued a circular demanding all clubs not in the International Group of...
In a move to clamp down on shady ships joining its ship registry, the United Arab Emirates Maritime Administration has issued a circular demanding all clubs not in the International Group of...
splash247.com /
Article / 10 months ago
Saudi Arabia: SAMA issues exposure draft of marine insurance regulations
The Saudi Central Bank (SAMA) says that it has been drafting a set of regulations, called "Marine Insurance Coverage Instructions".
The Saudi Central Bank (SAMA) says that it has been drafting a set of regulations, called "Marine Insurance Coverage Instructions".
Article / 11 months ago
CMI GA Guidelines and Security Forms
In an effort to make the complex system of general average (GA) more accessible to parties not familiar with the subject the Comité Maritime International (CMI) has...
In an effort to make the complex system of general average (GA) more accessible to parties not familiar with the subject the Comité Maritime International (CMI) has...
Report / 1 year ago
Guidelines published for marine casualty claims
New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of shipping casualties...
New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of shipping casualties...
PR / 1 year ago
Election Results: The LMA/IUA Joint Marine Committees 2023 Election Arrangements
Following the recent Joint Marine Committee ballots, please see the links below to the successful...
Following the recent Joint Marine Committee ballots, please see the links below to the successful...
PR / 1 year ago
Russian reinsurer targeted by EU to promote sanctions impact - TradeWinds
Russian National Reinsurance Co has reinsured vessels denied by Western businesses, says EU...
Russian National Reinsurance Co has reinsured vessels denied by Western businesses, says EU...
tradewindsnews.com /
Article / 1 year ago