Reinsurance buyers faced a near-perfect storm in June and July, as capacity constraints collided with
ri...
Insurance rates jump for Ukraine war-exposed business, sources say - Reuters
Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline and shipping firms...
Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline and shipping firms...
reuters.com /
Article / 1 month ago
Ship insurance claims to rise as Black Sea remains high risk area - Allianz - Reuters
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes...
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes...
reuters.com /
Article / 2 months ago
Marine Insurance Industry Braces for More Risk - gCaptain
The marine insurance industry is bracing to meet an expected upswing in multidimensional risk across product lines...
The marine insurance industry is bracing to meet an expected upswing in multidimensional risk across product lines...
gcaptain.com /
Article / 2 months ago
Markets begin to stabilize for commercial insurance rates, yet cyber remains a challenge
Amid a steady deceleration of rate increases, 2022 is starting to demonstrate a shift toward normalcy for the commercial insurance market...
Amid a steady deceleration of rate increases, 2022 is starting to demonstrate a shift toward normalcy for the commercial insurance market...
Article / 3 months ago
The Cost of Insuring Black Sea Shipping Is Out of Control - Bloomberg
It costs about $3.5 million to hire a tanker to take a million-barrel cargo to Italy from the Russian Black Sea port of Novorossiysk compared...
It costs about $3.5 million to hire a tanker to take a million-barrel cargo to Italy from the Russian Black Sea port of Novorossiysk compared...
bloomberg.com /
Article / 3 months ago
Marine war rates surge and capacity pulls back as owners attempt to retrieve vessels
Breach premiums in the marine war market have now risen to more than 3 percent of the insured value of ships as...
Breach premiums in the marine war market have now risen to more than 3 percent of the insured value of ships as...
Article / 4 months ago
Insurers Raise Costs of Shipping Through Black Sea for Vessels Still Willing to Sail
Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region...
Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region...
Article / 4 months ago
P&I bosses come out fighting to defend double-digit rate rise - TradeWinds
As policy renewal deadline gets closer, mutual managers argue that P&I is still cheap at the price...
As policy renewal deadline gets closer, mutual managers argue that P&I is still cheap at the price...
tradewindsnews.com /
Article / 5 months ago
The tide finally turns in US marine insurance - Insurance Business
Expert explains momentum in the marketplace...
Expert explains momentum in the marketplace...
Article / 5 months ago
Leading P&I club executives lined up for renewal showdown - TradeWinds
P&I big guns get the chance to argue for higher premium, just days before 20 February deadline...
P&I big guns get the chance to argue for higher premium, just days before 20 February deadline...
tradewindsnews.com /
Article / 5 months ago
