Insurance

This page features all the latest news on Protection and indemnity insurance.

Insurance

Coronavirus

March 18, 2020

There is much in the press about the economic impact of the Coronavirus (CoVid19) outbreak on tourism and supply chain/trade disruption with China. The insurance...
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skuld

February 27, 2020

Skuld announced a positive outcome from renewals with a 4.6% net increase in mutual P&I gross tonnage year-on-year from 2019 to 2020. Completing on 20...
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american club

February 25, 2020

Despite challenging conditions in both the shipping and insurance sectors, the American Club enjoyed a solid performance over the 2020 P&I renewal season. Both its...
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North

February 5, 2020

North P&I Club has launched a new digital tool that will help shipowners and operators track the spread of the Coronavirus outbreak. (more…)
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shell-agrees-long-term-charters-for-14-new-lng-fueled-tankers

January 10, 2020

Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a...
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Hormuz

January 6, 2020

The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that killed a...
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ukp&i

December 12, 2019

Stuart Edmonston, Loss Prevention Director at UK P&I Club, looks at what IMO 2020 and increased automation mean for the maritime sector in 2020 (more…)
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the_swedish_club

December 10, 2019

The Board of The Swedish Club has announced a 5% General Increase, for P&I in 2020, reflecting the balanced approach adopted by the Club to...
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ukp&i

November 29, 2019

Stuart Edmonston, Loss Prevention Director at UK P&I Club, discusses a poorly planned bunkering operation, which led to a bunker spill, and advises on the...
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North

November 20, 2019

Directors of North P&I Club have decided to set a general increase of 7.5% on P&I and FD&D premiums for the 2020/21 Policy Year. (more…)
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Lloyds

June 26, 2019

Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its...
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An oil tanker is seen after it was attacked at the Gulf of Oman, June 13, 2019. ISNA/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

June 14, 2019

The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region...
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The port of Fujairah

June 3, 2019

Shipping and maritime insurers have already started charging war risk premiums in the waters around the Middle East bunkering hub of Fujairah after the insurance...
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Lloyds

April 29, 2019

Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. (more…)
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North-Logo-Black-website-

April 19, 2019

North P&I Club has updated its guidance on the 2020 Sulphur Cap for Members, helping them prepare for the big switch to compliance on 1...
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