Insurance

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

Insurance

bulker_grain

August 24, 2022

Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from Ukraine’s...
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ukraine

August 2, 2022

Key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine using...
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grain

July 25, 2022

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy...
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tanker_oil

June 28, 2022

Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping, according...
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prestige

June 22, 2022

Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for a...
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SCF

June 20, 2022

Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers...
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oil_russia_flag

June 8, 2022

Russia expects to get around the EU ban on insuring and financing seaborne deliveries of Russian oil to third countries by using state guarantees, Dmitry...
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ukp&i

May 30, 2022

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...
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ships

May 11, 2022

Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes,...
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oil tankers

April 5, 2022

London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed, which is likely...
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shipping

March 15, 2022

North P&I and Standard Club have entered formal discussions for a proposed merger to create a new global marine insurer and one of the largest...
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North

February 22, 2022

The P&I sector has faced a difficult period experiencing the challenges of COVID-19, record International Group pool claims, surging crew claims and higher reinsurance costs....
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Azov

February 16, 2022

London’s marine insurance market on Tuesday added the Ukrainian and Russian waters around the Black Sea and Sea of Azov to its list of areas...
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North

December 14, 2021

The first North Group Impact Report highlights the Club’s extensive commitments to sustainability and “ambitious but achievable” targets for the years ahead. (more…)
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North

June 29, 2021

North P&I Club has taken occupancy of new offices in Singapore, its regional headquarters for Asia, reaffirming its commitment to the existing membership and further...
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