Insurance
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Lloyd’s Register backs claims of surge in off-spec marine fuels
Comments come after recent similar findings from VPS Veritas, but industry opinion split
Ukraine war impact can be mitigated by best practice, says Skuld
Practical measures can reduce risks from naval and aerial drone strikes, sea mines and SatNav interference
UK P&I Club maintains $500m war risks P&I limit
2026 renewal preserves existing war risks limits alongside exclusions relating to Russia, Ukraine and Belarus
Russia crude ban would cost marine underwriters hundreds of millions of dollars
Legal profession mulls scope for lawful workarounds, with illicit options open to more morally flexible shipowners
French asset manager rolls out $200m ‘dark green’ shipping fund
Eurazeo fund will support energy transition in maritime sector
NorthStandard confirms firm P&I renewal round
Biggest UK-based marine mutual ‘not going soft’ with focus on improving combined ratio
Weak dollar will boost headline marine insurance premiums, says IUMI
Greenback’s recent plunge will bolster aggregate statistics for sector
Flag state spat exposes growing government oversight gaps
An uninsured ship casualty has prompted Türkiye to call for an international white list for insurers, but the verification of flag state responsibilities runs to the heart of a much bigger problem with substandard shipping
McLarens appoints new head of marine UK
Michael Wilson previously with Sunderland Marine and Thomas Miller Claims Management
Insurers face exodus of senior talent, IUMI VP warns
Specialty lines in particular are facing significant demographic shift as a generation of technical experts and senior leaders look to retire, Munich Re executive and IUMI vice-president Sean Dalton says
IUMI head blasts aggressive politicians and illegal shipping practices
Normally cautious trade association chief offers pointed pronouncements on challenges facing underwriters
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