Carlyle Unit Assumes Full Risks of Operating Gas Field as Insurers Shun Black Sea June 29, 2022 By Irina Vilcu and Andra Timu A unit of Carlyle International Energy Partners LP has assumed the full risks of operating a new gas field in...
Black Sea Mine Removal Needed Before Ukraine Grain Can Be Shipped, Insurers Return June 13, 2022 By Jonathan Saul As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food...
Removing Russian Sea Mines Near Key Ukraine Ports Could Take Months: U.N. June 9, 2022 By Áine Quinn Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region...
Iran’s Seizure of 2 Greek Oil Tankers Adds Risk to Key Shipping Route June 1, 2022 By Anthony Di Paola Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from...
Insurance Premiums Surging for Ukraine War-Exposed Business: Sources May 31, 2022 Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing...
Cost of Insurance for Merchant Ships Sailing to Black Sea Ports Spirals Out of Control April 11, 2022 By Ann Koh and Alaric Nightingale The cost of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming a...
Dominica-Flagged Cargo Ship Sinks in Ukrainian Port of Mariupol After Missile Attack April 6, 2022 By Jonathan Saul A Dominica-flagged cargo ship sank on Tuesday in the besieged southern Ukrainian port city of Mariupol after being targeted by...
Bangladesh Files $22.4M Insurance Claim After Missile Hits Ship in Ukraine March 21, 2022 By Ruma Paul and Jonathan Saul State-owned Bangladesh Shipping Corp. is seeking $22.4 million from its insurer for a cargo ship hit by a missile in...
People Moves: Howden Names Swiss Re’s Cochrane for Energy Transformation; Apollo Hires Sandi for Casualty Treaty; AXA XL’s MacColl to Atrium to Lead Hull & War September 23, 2021 This edition of International People Moves details appointments at the broker Howden and two Lloyd’s insurers: Apollo Syndicate Management and...
Brit Launches Consortium to Simplify Underwriting of Marine War Breach Call Risks June 3, 2021 Brit Ltd. announced the creation of a marine consortium called “Keel,” which aims to revolutionize the writing of marine war...