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
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
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
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
First US office brings claims and loss prevention to the state
A practical guide to help brokers better understand complex marine operations and where multiple exposures may intersect.
Transits are down about fifteen percent. War risk cover went from one percent of hull value to ten.Continue reading on Medium »
The appointments come as geopolitical disruption makes cross-class marine expertise a practical necessity
David Osler says a single voyage through a high-risk zone can now cost a supertanker owner millions in war risk premiums alone
Danielle Whitlock brings 20-plus years spanning both sides of the desk - a background that matters as risk assessment becomes more complex
The cost of insuring an oil tanker loaded from Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer’s str...
For six months, Saudi Arabia has been trying to outrun a single number: the price of insuring a ship. The post
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
New IUMI guidance lands just as the US tightens enforcement of wood packaging marking rules
The US$2.8bn claim has exhausted the IG's reinsurance limit, and pricing the higher layers for 2027 is an open question
Two yachts destroyed, one dropped at port - and now a cross-border clause fight
Premiums remain between 3% and 8% of hull value as the JWC's listing conditions go unmet
The $2.8bn claim has exhausted the IG's reinsurance limit, and pricing the higher layers for 2027 is an open question
Claims from the Hormuz conflict already exceed the sector's entire annual premium volume before the latest exchange
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