marine cargo insurers News

The explosions that recently devastated the Port of Tianjin highlight the danger of accumulation risks – when a single event causes an exceptionally large group of related losses, said the International Union of Marine Insurance (IUMI). IUMI President Dieter Berg …

Delegates attending the annual conference of International Union of Marine Insurance (IUMI) in London were told that “insurers, ship owners and cargo interests cannot equate piracy in West Africa to that seen off the coast of Somalia.” Jim Mainstone, Marine …