Insurance

Insurance

Fears of a perfect storm in the Nordics unfounded says Swedish Club

portnews - November 11, 2022

Times are difficult but no need for despair, was the message from Tore Forsmo, Area Manager, Team Norway at The Swedish Club and Vice...

Insurance

Standard Club: Plan to make its operation more sustainable

portnews - November 10, 2022

Standard Club has laid out its vision to support its members’ sustainability goals with the launch of its first sustainability impact paper. The report...

Energy

SHIPPING: Russian oil flow to Asia may not slow on insurance glitch

portnews - November 7, 2022

Asia’s purchase of Russian crude is unlikely to be deterred by issues relating to insurance after the G7 base price regime is implemented next...

Insurance

UK confirms it will not insure ships carrying Russian oil

portnews - November 4, 2022

The UK treasury has confirmed it will not allow any British insurers to cover ships carrying Russian oil from December 5. By December 5, tanker...

Insurance

UK Moves to Ban Insurance and Services for Transport of Russian Oil

portnews - November 4, 2022

UK seeks to ban access to London's insurance markets for tankers carrying Russian oil products (file photo) The UK Government announced its latest, sweeping steps...

Insurance

UK government bans insurance of ships carrying Russian oil

portnews - November 4, 2022

The UK will contribute to the international embargo on Russian oil by, for instance, banning British companies from insuring oil cargoes to third countries...

Insurance

Stop Relying on Excess Inventory as an Insurance Policy

portnews - November 4, 2022

Keeping excess inventory as a safety strategy is a losing proposition for companies. It doesn’t work because companies often hold inventory that’s not usable...

Insurance

Dale Underwriting Partners enters marine reinsurance market

portnews - November 3, 2022

Dale Underwriting Partners (DUP), the trading name for Dale Managing Agency Ltd’s Lloyd’s Syndicate 1729, has confirmed the appointments of Matthew Sims and William...

Insurance

No general increase from Britannia, 10% “overall target”

portnews - November 3, 2022

Ahead of the 2023-24 renewal next February, group club Britannia has said that it would “maintain its approach of adjusting individual Members’ rates based...

Insurance