Insurance

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

Insurance

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,...
Read More
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...
Read More
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...
Read More
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....
Read More
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...
Read More
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…)
Read More
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...
Read More
american club

June 29, 2021

For the second time in its history, Members attending the American Club’s Annual Meeting in New York recently did so remotely, in a virtual format...
Read More
North

May 27, 2021

Following a challenging period for the global economy and shipping in a year which saw a record level of International Group (IG) pool claims, North...
Read More
North

May 20, 2021

Orca AI, Petredec and North P&I Club have announced a partnership to revolutionise marine insurance pricing and claims through an enhanced data model for ships...
Read More
evergreen

May 11, 2021

UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the...
Read More
Fitch

March 30, 2021

The blocking of the Suez Canal by one of the world’s largest container ships is likely to result in losses worth hundreds of millions of...
Read More
ukp&i

March 4, 2021

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, has announced it has joined the Maritime...
Read More
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