Insurance

Insurance

International Group of P&I Clubs lays out Sustainability report and updated Correspondents Guidelines to global network

portnews - September 27, 2022

The International Group of Protection and Indemnity Clubs (IGP&I) has set out its Sustainability report and updated Correspondents Guidelines to the global network of...

Companies

COSCO Shipping Captive 1st Asian marine insurer to join Poseidon Principles

portnews - September 26, 2022

COSCO Shipping Captive Insurance, a subsidiary of COSCO Shipping Group, has become the first Asian marine insurance company to support the Poseidon Principles. The Poseidon...

Insurance

Shipowners’ Club reports “modest underwriting surplus” for H1

portnews - September 25, 2022

Shipowners’ Club has reported a combined ratio of 96.2% for the first half of 2022, “in line with budget”. An underwriting gain of a $4.3m...

Insurance

IUMI 2022: Loss prevention deals with fast-changing marine industry, says Dubois

portnews - September 25, 2022

Loss prevention strategies for wind powered and unmanned vessels, plus new cargoes such as electrical vehicles, had moved rapidly out of the laboratory and...

Insurance

Marine insurers need better data for ESG

portnews - September 22, 2022

The marine insurance industry needs to embrace data better if it is to successfully implement ESG aspirations, says Patrizia Kern, Chairperson of IUMI’s Data...

Insurance

Loss prevention keeps up with fast pace of marine industry change

portnews - September 22, 2022

Loss prevention strategies for wind powered and unmanned vessels, new cargoes such as electrical vehicles have quickly moved “out of the laboratory and in...

Insurance

IUMI launches new Masterclass in Cargo Insurance

portnews - September 22, 2022

The International Union of Marine Insurance (IUMI) is introducing a new Masterclass in Cargo Insurance. The programme will take place in London in March...

Insurance

Tysers P&I Clubs /22 round-up – prospects for 2023

portnews - September 21, 2022

In its round-up of the P&I Clubs and the sector’s performance last policy year, broker Tysers said that the 13 Group Clubs had “a...

Insurance

Premiums Are Up, But Marine Insurers See Uncertainty Ahead

portnews - September 21, 2022

Marine insurers are welcoming an increase in average premiums, but challenges remain, including rising repair costs and the persistent risk of container fires. The International...

Insurance