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.
- Britannia reports “much-improved” 2025/26 results July 31, 2026Britannia Group has reported what it described as a “satisfactory” set of results with a profit of $60.9m, helped by a strong investment return. The combined ratio improved form ....
- New Active Underwriter at Axis Syndicate 1686 July 31, 2026AXIS Capital Holdings Ltd has announced the appointment of Jennifer Davies as Active Underwriter for AXIS Syndicate 1686. She succeeds Toby Read. Davies will be responsible for .....
- South Korea refiners are considering imports of Venezuelan crude, association says July 31, 2026South Korea’s four refiners are considering importing Venezuelan crude oil in order to diversify their supply sources an official at the Korea Petroleum Association said .....
- Ukrainian drones damage Russian grain export terminal on Kerch Strait, source says July 31, 2026A Ukrainian drone attack has inflicted “significant damage” on a major grain export terminal at Russia’s Taman port on the Kerch Strait linking the Black Sea and Sea of Azov ....
- Qatar sends first LNG shipment through Hormuz after three-week pause July 31, 2026Qatar has sent its first shipment of liquefied natural gas through the Strait of Hormuz since one of its tankers was attacked in the waterway more than ...
- Saudi Arabia seeks Red Sea international coalition; reports July 31, 2026The Kingdom of Saudi Arabia is exploring the possibility of constructing an international coalition that would to protect shipping in the Red Sea from attacks by Yemen’s ....
- London market widens Red Sea high-risk zone July 31, 2026London’s marine insurance market has widened the area in the Red Sea it deems as high-risk after attacks on ships by Yemen’s Houthi movement, but Egyptian waters, for the present ....
- Drone attacks reach Egypt in Middle East conflict July 31, 2026There were fires on two LNG tankers, the offshore processing ship / floating storage unit Energos Winter (IMO 9256614) and LNG tanker GasLog Salem (IMO 9638915) on July 29th after one of ....
- US sanctions two Iranian “insurers” for Hormuz monetization July 31, 2026The US on Wednesday July 29th published another round of Iran-related sanctions which targeted what it described as Iran’s efforts to “monetize the Strait of Hormuz”. It designated ....
- Russia considers plan to put armed defence on grain ships July 31, 2026Russian transport authorities were reported to be considering the placement of mobile fire groups – armed with machine guns, to defend against drone .....