Marine war cover shifts to voyage-by-voyage underwriting
Insurers demand more detail as conflict reshapes placements
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Insurers demand more detail as conflict reshapes placements
Insurers demand more detail as conflict reshapes placements
Premiums remain between 3% and 8% of hull value as the JWC's listing conditions go unmet
Danielle Whitlock brings 20-plus years spanning both sides of the desk - a background that matters as risk assessment becomes more complex
The market has stayed open throughout, but the price reflects a conflict with no clear end
The market has stayed open throughout, but the price reflects a conflict with no clear end
Dubois says the same policy shift now shaping national climate strategy needs to reach marine underwriting too
Dubois says the same policy shift now shaping national climate strategy needs to reach marine underwriting too
Underwriters are already pulling and repricing hull war cover amid elevated geopolitical risk, even as the sector posts a sixth consecutive year of improving loss ratios
UN finding could complicate future hull and P&I claims
A bigger fleet, higher vessel values and a weaker dollar are inflating premium figures without a single rate increase
A bigger fleet, higher vessel values and a weaker dollar are inflating premium figures without a single rate increase
P&I renewal conversations can lean on club-specific financial strength indicators - a reconfirmed rating and a 96% combined ratio. Hull conversations cannot, and Skuld's CEO is...
Two yachts destroyed, one dropped at port - and now a cross-border clause fight
The subline still lacks the aggregated premium and loss data marine cargo insurance has long had
The subline still lacks the aggregated premium and loss data marine cargo insurance has long had
For six months, Saudi Arabia has been trying to outrun a single number: the price of insuring a ship. The post
A practical guide to help brokers better understand complex marine operations and where multiple exposures may intersect.
A freight-rate frenzy in the Gulf has upended the normal rules of ship valuation, with knock-on effects for hull values, risk bills and the claims that follow
Transits are down about fifteen percent. War risk cover went from one percent of hull value to ten.Continue reading on Medium »
Iran has said it is "counting the moments" until it can sink American warships as a second ship is reported a total loss earlier today
Iran has said it is "counting the moments" until it can sink American warships as a second ship is reported a total loss earlier today
The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead and could see a fire had starte...
David Osler says a single voyage through a high-risk zone can now cost a supertanker owner millions in war risk premiums alone
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