Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships January 13, 2021 By Jonathan Saul LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after...
Covid-19 Vaccine Distribution Risks and Insurance: Q&A With Allianz Specialists January 12, 2021 By Brian McClintock and Damon Finneran As COVID-19 vaccine distribution rolls out across the country, insurers of the pharmaceutical industry are in a position to share...
Brit Global Specialty USA Transfers Renewal Rights for Cargo Business to Falvey Cargo June 29, 2020 Brit Global Specialty USA will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting, effective July 2....
Report Highlights Need for Better Risk Management on Europe’s Container Ship Routes June 29, 2020 By Mike Corder A Dutch safety watchdog said Thursday [June 25] that it is “undesirable” for large container ships to use a shipping...
Panama Threatens Sanctions, Hefty Fines on Ships That Tamper with Transponders June 2, 2020 By Elida Moreno Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag...
Ship Inspectors Conduct Virtual Inspections of Oil Tankers During Pandemic May 27, 2020 By Jonathan Saul Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes physical...
Zurich Expands Marine Insurance Platform into Additional Countries, Regions March 25, 2020 Zurich Insurance Group is expanding the roll-out of a new marine insurance platform for small and medium cargo, following its...
Greek Tanker Manager Denies Connection to Oil Leak Tarring Brazil’s Beaches November 4, 2019 The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s...
Marsh JLT Specialty Taps Nevill from Gard (UK) as CEO, UK Marine & Cargo October 28, 2019 Insurance broker Marsh announced the appointment of Louise Nevill as chief executive officer for Marsh JLT Specialty’s UK Marine &...
UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf July 11, 2019 By Tim Ross and Anthony DiPaola The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just...