All Marine insurance articles
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NewsMarine insurance remains stable as geopolitics reshapes risk: IUMI
IUMI president Frédéric Denèfle said marine insurers face growing uncertainty from war risks, competition, inflation and changing trade routes despite continued premium growth
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NewsSprott joins AIG as global head of marine
Colin Sprott has joined AIG as global head of marine, according to Gordon Browne, global head of specialty
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NewsHowden Re: Baltimore bridge loss resets marine reinsurance benchmark
Howden Re managing director Hugo Chelton says the $2.8bn Baltimore bridge loss will concentrate in reinsurance and test pricing discipline, even as abundant capital keeps conditions competitive
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NewsIUMI: marine insurers maintain Middle East cover despite rising tensions
Global body says capacity remains available across cargo, hull and energy risks
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NewsLMA: Hormuz shipping slowdown driven by safety fears, not insurance availability
Lloyd’s market body says marine war cover remains available despite conflict disruption, in a note in response to media reportage of marine war insurers’ role as the Middle East crisis continues
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NewsIran conflict: Chubb to lead $20bn DFC marine reinsurance for Gulf shipping
Political and military uncertainties remain for the US government backed facility aiming to restore maritime trade flows through Strait of Hormuz
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NewsIran conflict: Marine insurers weigh risk along with maritime industry as Strait of Hormuz traffic collapses
War risk cover remains available, but cancellations, spiking pricing and reinsurance withdrawals have contributed, alongside risk perception of insureds, to sharply reduce tanker transits through one of the world’s most important energy chokepoints
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NewsSkuld posts 6% P&I tonnage growth at 2026/27 renewal
Mutual book reaches 128m GT with further diversification across lines, according to the CEO of marine insurer Skuld
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NewsIUMI and TAPA warn cargo crime has moved from ‘the asphalt to cyberspace’ as fraud and theft escalate
Industry bodies for marine insurance and cargo urge urgent action as fake carriers and digital deception drive billions in supply chain losses
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NewsMarine: Geopolitical tensions threaten global shipping safety gains - Allianz Commercial
Allianz report highlights rise in shadow fleet risks, US-China trade conflict, and mis-declared cargo concerns—despite record low in total ship losses.
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NewsLoss prevention: Why industry-wide collaboration is driving progress fighting fire risk on marine vehicle carriers
Building industry-wide resilience through better preparedness, collaboration, and continual evolution of safety practices is what’s needed, writes Dr William Moore, senior vice president and global head of loss prevention at The American P&I Club.
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NewsGallagher: London leads softening marine rates as war risks remain volatile
Softening hull rates meet hard realities in war and claims inflation, according to a new marine insurance report from the broker.
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NewsIUMI’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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NewsWhen 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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NewsHowden 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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NewsMarine MGA Amphitrite gets full FCA approval
Arch Capital backed London market MGA Amphitrite receives UK regulatory approval.
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NewsMarine 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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NewsAlta 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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NewsHowden 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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NewsLiberty 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
