Insurance

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

Insurance

North

February 24, 2021

North P&I Club has reported continuing growth in its diversified business lines and solid progress in raising premiums to reflect market conditions and is expecting...
Read More
piracy

January 19, 2021

Sea robbery and piracy related incidents across Asia increased 17% year on year to just under 100 in 2020, amid consistent threat of possible attacks...
Read More
Watsa Prem Fairfax

December 3, 2020

Fairfax Financial Holdings Limited announced that it has entered into a binding agreement with CVC Capital Partners to sell all of its interests in RiverStone...
Read More
Swedish-Club-2

October 14, 2020

At its recent board meeting, held on 8th October, the Board of The Swedish Club voted to continue to support an Environmental, Social and Governance...
Read More
beirut_port

August 11, 2020

Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to...
Read More
North

July 10, 2020

Leading International Group (IG) Protection and Indemnity member, North P&I has urged maritime stakeholders to seize the opportunity provided by a UK Government summit on...
Read More
the_swedish_club

June 24, 2020

The Swedish Club has launched its COVID-19 Handbook, offering clear, simple and practical advice to help both those at sea and those on shore to...
Read More
ukp&i

June 4, 2020

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, announced its financial results for the year...
Read More
ships

April 22, 2020

The conclusion of the P&I renewal season and rising risk exposure from Covid-19 confirms that marine insurance costs are hardening which will raise vessel operating...
Read More
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...
Read More
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...
Read More
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...
Read More
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…)
Read More
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...
Read More
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...
Read More