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Sanctioned Russian vessel sinks, two missing, after explosion
Two seafarers are missing and 14 rescued after engine room explosion sunk ship
Marine war risk will lose money in 2024, argues Aon’s Meyrick
‘There has been loss activity on the war portfolio, which may well dampen down capacity,’ says broker
Dark fleet intervention raises spectre of Russian naval escalation
If Baltic states move from requesting insurance details from dark fleet ships to physically stopping ships from transiting, Russian naval escorts for dark fleet tankers will be the likely consequence
Hull market ‘on other side of peak’, says Aon’s Meyrick
Expect continued variation by segment
International Group reinsurance hike ‘unfair’ to boxship owners, brokers argue
Dali was a containership, but any vessel type could have brought down Baltimore bridge, Cracknell contends
Boxships hit by huge hike in International Group reinsurance levy
GXL price increases baked into calculations since Baltimore bridge collapse
Baltic countries to check dark fleet insurance
The Nordic-Baltic 8 countries plus Poland, the Netherlands, Germany and the UK have agreed to take further steps to “disrupt and deter Russia’s shadow fleet” in an announcement made in Tallinn
Skuld hints at price hikes after substantial interim underwriting loss
Pool costs double at International Group affiliate
Marine insurance: Firmer P&I, softer H&M and cargo
Marine insurance rating trends vary by class, but it remains a significant outlay for most operators
Shipping climate alignment scores falling short of IMO trajectory
The younger the better for bulkers, tankers and passengerships. But correlation does not hold for car carriers, ro-ros and boxships
How much do S&P downgrades matter to marine mutuals?
In short, it smarts
Britannia P&I club downgraded by S&P
International Group affiliate said to ‘lag behind peers’ on underwriting performance
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