Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
Viewpoint: Whither War and Cyber Operation Exclusions? April 4, 2023 By Vincent J. Vitkowsky The insurance industry is attempting to modernize war exclusions to address the 21st century risk of state-sponsored cyber operations. It...
London Market Insurers Publish Guidelines for Marine Casualty Claims March 17, 2023 New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of...
Lloyd’s Insurers Must Exclude Catastrophic State-Backed Cyber-Attacks August 19, 2022 Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies if they reach a catastrophic threshold, according to...
Insurers Get Safety Assurances for Ships Exporting Ukraine Grain Through Black Sea August 9, 2022 By Jonathan Saul and Michelle Nichols Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to...
More Grain Ships Safely Depart From Ukrainian Black Sea Ports August 8, 2022 Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking...
London Insurance Sector Readies $50M Ukraine Grain Cargo Cover August 4, 2022 By Jonathan Saul and Carolyn Cohn The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may...
Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments August 3, 2022 By Carolyn Cohn Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its...
Lloyd’s Insurers Preparing to Cover Ukraine Grain July 27, 2022 By Carolyn Cohn Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to...
Insurers Weigh Covering Ukraine Grain Shipments After Deal to Re-open Black Sea Ports July 25, 2022 By Jonathan Saul A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached...