Senior officials say inflation and higher costs of claims have contributed to a challenging environment
Insurance
Ambrey launches new war risks insurance arm for a volatile world
UK-based security firm adds to growing list of niche expert insurance providers in the shipping world
Nervous shipowners prepare for newbuild disruption as China-Taiwan tensions grow
War risk insurers say they are modelling scenarios for potential losses in the event of conflict
Baltimore bridge was vulnerable before disaster struck, US probe reveals
Investigators say the risk from a ship collision was well above acceptable risk level before disaster
Sanctioned Russian oil-laden suezmax tanker confiscated by Germany
The Eventin was sanctioned by the European Union after it was secured by German rescue services
Marine insurers ‘lagging in shift to green shipping’
A.P. Moller-Maersk Vice-President Lars Henneberg highlighted the role of banks in promoting green projects
New generation of green ships poses fresh challenge for insurers
Gardian Marine set up in London to focus on managing the risks of complex newbuilding projects
Marine insurance portfolios well behind in push to net-zero shipping
Poseidon Principles for Marine Insurance finds that eight of its nine signatories are more than 20% off-track
Nurdle cargo spilled after fiery North Sea collision
The building blocks for plastic products have been washing up on the East England coastline
Gard CEO Rolfe Thore Roppestad’s salary package tops $1m
Market leader reported record-high premiums over past 12 months