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Insurance

Digitalization

Digitalisation will bring new opportunities and discipline to cargo underwriting: IUMI

portnews -
Cargo insurance has entered a new era that will deliver opportunities to those underwriters who embrace technology and harness its power. This message was...
Insurance

Global Ocean Hull Premiums Down 2.3%, General Risk Profile & Trading Conditions Showing Improvement: IUMI

portnews -
At Monday’s IUMI conference in Cape Town, Chair of the Ocean Hull Committee, Mark Edmondson, highlighted a continuing deterioration of premium income against the...
Insurance

Small craft P&I insurer Carina to be rebranded Aurora, Great Lakes underwrites

portnews -
Small craft P&I insurer, Carina, acquired by MECO at the end of 2018, is being rebranded to Aurora, effective July 1st 2022. At this time...
Companies

Maersk launches container insurance to end disputes over box damage

portnews -
Maersk has introduced a ‘container protection solution’ in 27 countries across Europe and Asia, aiming to simplify long-running disputes over import container damage charges. The...
Energy

Russia will use state guarantees for oil cargoes to sidestep EU insurance ban

portnews -
A return of state insurance in Russia looks likely as a result of new EU rules on the insurance of Russian oil cargoes. Dmitry Medvedev,...
Insurance

BulkLoads founders launch insurance group

portnews -
founders Jared Flinn and Matt Fredin are set to unveil a new company focused on insurance for bulk transporters as they continue to build...
Energy

Russia’s state-owned RNRC to reinsure Russian oil shipments, sources say

portnews -
State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance firms withdrew cover for...
Insurance

Russia to cover oil tankers affected by UK-EU insurance ban

portnews -
Former president Dmitry Medvedev said that Russia will cover Russian oil tankers to ensure they are able to continue making deliveries, if they are...
Insurance

New recreational boating insurance launches in USA

portnews -
  Ahoy!, the new digital insurance MGA for recreational boating, has launched a technology-driven insurance product for the boating industry. In partnership withSpinnaker Insurance Company,...
Energy

EU ban on insurance for Russian oil vessels is ‘big blow’ to Moscow

portnews -
The European Union’s (EU) announcement of its sixth package of sanctions, including a partial ban on Russian oil imports, was hugely significant. Foreign policy...
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