All marine and energy articles
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News
WTW report warns of marine & offshore energy hybrid warfare targets
‘Gray zone’ attacks against ships, undersea cables, and offshore oil installations are a major risk in 2025, the broker has warned in a new political risk report.
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BMS adds to energy broking practice with three new senior hires
Three London additions to the specialty re/insurance broker come from rival intermediaries Howden and Price Forbes.
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IUMI’s marine insurance stats reveal premiums rise
A 2024 analysis of the global marine insurance market was released by the International Union of Marine Insurance.
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Strikes at US East Coast ports could generate a $63bn hit – Russell Group
Economic losses could be severe from industrial action threatened in October at 36 American ports, from New York to Houston.
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Amphitrite gets Lloyd’s coverholder approval
Specialist marine MGA wins final approval from the Lloyd’s market, unlocking its “enhanced access to capital”.
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IGI expanding specialty treaty arm amid reinsurance market opportunities – Jabsheh
The re/insurer’s treaty business has doubled in size, particularly in London market specialty, according to IGI’s president and CEO, speaking to GR at RVS 2024 in Monte Carlo.
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Guy Carpenter issues Global Specialties 2024 market update
Report from the reinsurance broker includes non-marine, terrorism, marine and energy, construction and engineering, aviation and aerospace, trade credit, bond and political risk.
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Navigating the oil price cap changes in the shipping industry
Insurers play a pivotal role in assessing and mitigating risks associated with sanctions violations, and adjustments to the OPC scheme were effective from February, writes Daniel Tadros, chief operating officer, The American Club.
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Apollo, Munich Re Syndicate, Tokio Marine HCC partner on marine builders’ risk Lloyd’s consortium
The new consortium builds on an existing arrangement in which Apollo has partnered with Munich Re Syndicate on marine hull business since 2019.