Insurance

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

Insurance

North-Logo-Black-website-

May 25, 2018

Leading global marine insurer North P&I Club has announced its annual results, confirming a 4.6% increase (US$20 million) in free reserves to US$451 million (more…)
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epa05142254 The Starla, an Iranian large crude oild tanker with a cargo-carrying capacity of 317,000 dead weight tons, is moored at a buoy of South Korea' largest oil refiner SK Energy off Ulasan, South Korea's southeast coast, 04 February 2016. It marks the second time an Iranian crude oil carrier has made a call at a South Korean port since 17 January, when the international community lifted most economic sanctions against the Middle East country.  EPA/YONHAP SOUTH KOREA OUT

May 16, 2018

If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll...
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US_Iran

May 10, 2018

Members will have noted the decision by President Trump announced on May 8 to withdraw the USA from participation in the JCPOA (Joint Comprehensive Plan...
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Shipping-emissions

April 16, 2018

The recent conclusion of the protection and indemnity (P&I) renewal season has resulted in premiums remaining unchanged in 2018 thanks to benign financial conditions. (more…)
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Maeresk-Honam

March 16, 2018

The insurance industry is bracing itself for hundreds of millions of dollars of claims from the biggest container vessel casualty to date – but some...
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North-Logo-Black-website-

February 22, 2018

North P&I Club has consolidated its position as one of the leading members of the International Group of P&I Clubs, with controlled growth in total...
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IMO HQ London

February 5, 2018

As the International Maritime Organization’s 2020 0.5% global sulfur cap draws ever nearer there are plenty of questions that remain unanswered, one of which is...
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Navigators P&I

January 16, 2018

Navigators Management (UK) and Thomas Miller Specialty have entered into exclusive discussions under which Thomas Miller Specialty would acquire Navigators’ fixed-premium protection and indemnity business....
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ukp&i

January 15, 2018

Vessel Type: Bulk Carrier Incident description Whilst the vessel was alongside, the wind increased to BF 8 resulting in the suspension of cargo discharge operations....
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skuld

December 12, 2017

Skuld has named Rachael Simpson as senior vice president at its London protection and indemnity (P&I) operations. (more…)
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containers

December 4, 2017

British ship insurer Britannia plans to set up a subsidiary in Luxembourg as a result of Britain’s decision to leave the European Union, it said,...
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maersk2

October 5, 2017

Insurer Tryg expects 90 percent of its corporate customers to buy cyber crime insurance within five years as the threat from hackers and viruses to...
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Container-shipping

September 20, 2017

The International Union of Marine Insurance (IUMI) has warned that Solas firefighting regulations for container vessels are “inadequate” – particularly as ships have grown in...
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ukp&i

July 21, 2017

Linda Wright, claims executive at UK P&I Club, advises on what to do when death occurs at sea: (more…)
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North-Logo-Black-website-

May 19, 2017

Leading global marine insurer North P&I Club has announced its annual results, confirming a 7% rise in total entered tonnage to 190M GT, an increase...
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