All Marine insurance articles
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Marine: 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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Loss 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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Gallagher: 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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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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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