All Marine insurance articles
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When war risk becomes war reality – Association of Average Adjusters warning
War risk’s growing insurance complexities and unresolved challenges have been spelled out in a speech by the association’s chair, Burkhard Fischer.
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Howden launches Red Sea cargo war risk facility
First of its kind insurance facility within an active conflict zone to protect ships and strengthen global supply chains.
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Marine MGA Amphitrite gets full FCA approval
Arch Capital backed London market MGA Amphitrite receives UK regulatory approval.
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Marine update on Red Sea, Black Sea, Panama Canal – IUMI
Marine war insurance rates are “about level” between conflict zones in the Black Sea and the latest Red Sea hotspot, according to a meeting of the International Union of Marine Insurance (IUMI).
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Alta Signa launches European marine division
Brussels-based MGA Alta Signa appoints Francesco Dubbioso, in Genoa, to lead its new marine unit.
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Howden completes buyout of AlphaXO Risk Partners
Australia-based specialty broker is one of the major marine insurance intermediaries in the Pacific region
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Liberty Specialty leads Lloyd’s project cargo consortium
Consortium 7763 will offer project cargo, heavy lifts, and cargo delay in start-up along with comprehensive risk engineering services
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Lloyd’s has ‘duty’ to insure Ukraine grain shipments
Chief executive John Neal said Lloyd’s was “the first cab off the rank” when it came to providing insurance coverage
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Miller buys Tokyo-based Lead Insurance Services
The Japanese broker specialises in Hull, War Risks and Protection & Indemnity insurance
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“No room for complacency” in shipping industry
Crew and port congestion challenges and the war in Ukraine are among the challenging headwinds - AGCS
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How climate change will shape offshore exposures
Climate change puts offshore energy and shipping sectors under increasing pressure - Chaucer
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Port closure signals further strain for global trade
Partial closure at China’s Port Ningbo adds to global supply chain woes, threatening $172 billion of goods - Russell Group
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AGCS: Bigger ships, bigger exposures
Suez Canal incident shows ever-increasing vessel sizes exacerbates marine and supply chain risks
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Marine insurers primed to raise rates after Red Sea attacks
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.
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AXA XL appoints Central US Zonal Marine Product Leader
AXA XL’s US marine team announced the addition of Brett Musser as the Central US Zonal Marine Product Leader