Insurance

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

Insurance

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…)
Read More
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...
Read More
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...
Read More
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...
Read More
Lloyds

April 29, 2019

Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. (more…)
Read More
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...
Read More
ukp&i

March 27, 2019

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, confirmed it has won approval from the...
Read More
North-Logo-Black-website-

March 19, 2019

Leading ratings agency S&P Global Ratings (formerly Standard and Poor’s) has confirmed the North of England P&I Club’s ‘A’ financial strength rating and stable outlook...
Read More
american club

March 5, 2019

The American Club experienced a very positive outcome to the recently-concluded 2019 P&I renewal season. The Club’s mutual P&I and FD&D business saw increases in...
Read More
ukp&i

February 25, 2019

The UK P&I Club, one of the leading shipping protection and indemnity mutual insurers, announced its renewal results for 2019 (more…)
Read More
North-Logo-Black-website-

February 21, 2019

North P&I Club has successfully concluded its 2019 renewal and, for the first time in the Club’s 159-year history, is projecting total entered tonnage to...
Read More
Swedish-Club-2

February 13, 2019

On 1 January 2020 vessel owners must have made the decision to install exhaust gas scrubbers or to burn low sulphur or alternative fuels. (more…)
Read More
American-Club

January 25, 2019

The American P & I Club has recently issued a circular containing a progress report highlighting some of the latest Club metrics in regard to...
Read More
North-Logo-Black-website-

January 23, 2019

Since 21 December 2018, the US Government has been in shutdown following the failure of Congress to agree federal funding. With no end in sight,...
Read More
Iran

November 29, 2018

Claim payouts to shipowners using the protection and indemnity insurance cover for their Iranian oil shipping may get restricted to liabilities of up to $100...
Read More