Latest news from the marine insurance sector
The latest news from the global marine insurance industry. Updated each working day and without any access restrictions.
- Steamship reports financial year gain of $41.3m June 1, 2026In its Year End Results and Renewal Report, Steamship Mutual has said that in 2025/26 free reserves increased to $578.3m after a financial year surplus of $41.3m. Investments ....
- NorthStandard reports improved underwriting performance, CR of 105.5% June 1, 2026UK-based Group Club and marine insurer NorthStandard has reported premium income of $938m for the 2025/26 insurance year, up 5.8% on the $886m it earned in the previous year ....
- US forces fire on merchant ship in Gulf of Oman as deal remains unsigned June 1, 2026US forces operating in the Gulf of Oman enforcing the blockade on Iranian ports disabled small general cargo vessel Lian Star (IMO 9072692) vessel on May 29th while it was ....
- US adds sanctions on tankers and Iranian oil June 1, 2026Notwithstanding the to-ings and fro-ings on Friday about whether some kind of deal could be reached between Iran and the US, the Treasury and Department of State .....
- A quarter of the larger oil tankers trapped in Persian Gulf have now escaped June 1, 2026A total of 29 of the 109 non-Iranian large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have by now managed to leave the Gulf, reports Bloomberg ....
- Admiralty Court backs Solong interests’ case for liability limitation June 1, 2026In the case of MS “Solong” Schiffahrtsgesellschaft et al v Samskip Multimodal BV et al (“Solong”) – Limitation (Article 4) before Andrew Baker J the court preferred the view that “such loss” ....
- Dali victims’ families settle just before start of Dali civil trial June 1, 2026With the civil trial due to start today, June 1st, more settlements reached with the families of the workmen killed ....
- Porsche wins (one) Felicity Ace legal action June 1, 2026Germany based motor manufacturer Porsche has won a legal case stemming from the loss of the car carrier Felicity Ace (IMO 9293911). A German court was reported to have rejecting .....
- Ruchi Sheth joins Niyam Group as Director – Marine & Energy June 1, 2026Niyam Group, an Indian-focused reinsurance platform, has announced the appointment of Ruchi Sheth as Director – Marine & Energy. Sheth brings more than 23 years of ....
- Gard welcomes “landmark” judgment in M/T Heroic Idun case June 1, 2026Norway-based marine insurer and Group Club Gard has welcomed a judgment delivered on May 27th by the Special Chamber of the International Tribunal for the Law of the Sea (ITLOS) ....