Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies December 27, 2022 By Shoko Oda and Tsuyoshi Inajima Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing...
Japan Urges Its Insurers to Retain Marine War Cover for LNG Shippers in Russian Waters December 27, 2022 The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural...
Insurance Rates to Stay Flat for Shipments of Ukraine Grain: Lloyd’s Insurer Ascot December 22, 2022 A cargo insurance facility providing cover for shipments via Ukraine’s grain export corridor will continue next year with no rate...
Insurers May Refuse to Cover Planes, Ships Exposed to Ukraine Conflict: Sources December 19, 2022 Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who...
Ship Reinsurers to Cease Covering War-Related Risks Related to Conflict in Ukraine December 16, 2022 By Steven Arons, Áine Quinn and Alex Longley Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels...
Norway to Improve Security Around Submarine Fiber Cables for Oil & Gas Industry November 29, 2022 By Stephen Treloar Norway will beef up security around the digital infrastructure that is essential for the Nordic country’s oil and gas production,...
Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments November 2, 2022 Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor,...
Russia Says it Will Resume Participation in Ukraine Grain Deal November 2, 2022 By Ali Kucukgocmen and Pavel Polityuk Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing...
Insurers Stop Offering Cargo Insurance for Ukraine Grains Shipments: Sources November 2, 2022 By Jonathan Saul and Carolyn Cohn Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after...
Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments October 31, 2022 Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black...