Insurance

Insurance

The Swedish Club Celebrates its 150th Anniversary

portnews - June 21, 2022

The Swedish Club celebrated its 150th Anniversary in style last week, with a series of events held around the Club’s Annual General Meeting (AGM)...

Companies

Skuld drops to $15m loss in /22

portnews - June 21, 2022

Norway based marine insurer and Group Club Skuld has released its annual report, in which it confirmed a loss of $15m for /21, down...

Insurance

Sovcomflot says its fleet is fully covered by Russian insurers

portnews - June 21, 2022

Russia’s state-run Sovcomflot said late last week that it had insured all its cargo ships with Russian insurers and that the cover met international...

Insurance

EU Court says insurer must pay Spanish claim for Galicia oil spill

portnews - June 21, 2022

Spain has gained the backing of Europe’s top court in its significant damage claim against The London Steam-Ship Owners Mutual Insurance Association (London Club)...

Insurance

Insurer Must Pay Spanish Claim in Prestige Oil Spill, EU Court Says

portnews - June 21, 2022

Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for...

Insurance

Insurer Must Pay Spanish Claim in Galicia Oil Spill, EU Court Says

portnews - June 20, 2022

Spain on Monday won backing from Europe's top court in its mutlimillion euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for...

Cruise Yacht Ferry Boat

Yacht owners warned against under-insuring

portnews - June 16, 2022

Spotting a new trend, Andy Postle, MD and founder of the mast and rigging company Allspars, says his company has been losing some of...

Insurance

Reinsurers Could Face $2B in Claims Over the Ever Given Grounding

portnews - June 16, 2022

Claims related to the infamous grounding of the boxship Ever Given last year could amount to a staggering $2 billion, according to French insurer...

Insurance

North publishes Annual Review for 2021/22

portnews - June 15, 2022

North P&I Club cites strong contribution of diversification to financial performance premium income growth in the 2021–2022 financial year, with the global insurance business...

Digitalization

TT Club invests to enhance the Motorway Buddy App

portnews - June 15, 2022

The freight insurer’s investment is seen as a significant initiative in developing a unified platform to help hauliers and drivers control the risks of...

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