Ship insurers said they are canceling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance …
Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by Western underwriters. …
Global marine insurer North P&I has entered the blue-water and hull and machinery market with a new insurance product line. The new offering from North is designed for larger ocean-going vessels and will complement the H&M insurance already available from …
North P&I Club has further strengthened its specialist cargo claims team with the appointment of David Richards as deputy director, Cargo. Richards, formerly a partner with Ince & Co and a Legal 500 recommended dispute resolution lawyer, is a specialist …
British ship insurer Standard Club is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the second of these specialized providers to opt for Ireland in two days. …
British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the first of these specialized providers to announce such a move. Insurers are making …
The North P&I club announced that it has joined forces with specialist maritime intelligence, investigation and crisis management company GRAY PAGE to vet armed maritime security providers (AMSPs) on behalf of the club’s members. North P&I said its goal is …
