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China-Taiwan conflict fears could spark war risk insurer exodus
‘We could end up with major pollution because a tanker has been forced into a collision by some of the shenanigans going on there,’ underwriter claims

Reinsurers more relaxed at 1/1 renewals, conference hears
Marine classes among bigger beneficiaries of Decile 10

NTSB partly blames Baltimore bridge collapse on bridge itself
Marine insurance fallout from the Dali disaster will be curbed if the state of Maryland is culpable for the condition of Baltimore’s Francis Scott Key Bridge when it was struck. The US National Transportation Board just concluded that the accident could have been prevented if Maryland had better protected the bridge

Hull market ‘on brink of turning downwards’, conference to be told
Event will discuss outlook for war risk and reception of new LOF wording

Red Sea war risk rates still firm despite ceasefire
Brokers expect instant rebound if Houthis resume attacks on shipping

Shipping still far behind net zero trajectory, marine insurer data shows
Industry efforts well below minimum IMO goals

The marine market must work together to improve shipping safety
If the International Group of P&I clubs and other maritime industry bodies work with the Together in Safety consortium, the result will be a dramatically improved and sustained safety performance by the shipping industry, says Grahaeme Henderson

Cargo insurance premiums at ‘punishing and unsustainable’ levels
London underwriters conceding discounts, while US market more competitive still

Norwegian Hull Club rakes in record profits after ‘uneventful’ 2024
Absence of major claims, exceptionally low claims cost and significant surpluses from underwriting and investment hit sweet spot for marine mutual

Gard posts standout full-year results
Roppestad attributes outcome to combination of getting the basics right and good luck on major claims

EU entities on hook for what non-EU subsidiaries do on Russia sanctions
Shipowners and insurers face lexical challenge of defining ‘strictly necessary’ and ‘best efforts’ under 16th round of regulations
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