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.
- IUMI reports ongoing soft conditions and small increase in gross premiums for 2025 October 28, 2026The annual Stats Report from the International Union of Marine Insurance (IUMI) on 2025 has reported “modest market development amid continued soft conditions ....
- Hanwha General Insurance and CYTUR plan maritime cyber insurance initiatives October 28, 2026South Korea-based Hanwha General Insurance on October 23rd signed a memorandum of understanding with CYTUR Inc, which is based in Seoul and which specializes in maritime and ....
- Mercuria v Baltic Exchange trial begins in London October 28, 2026A legal trial in which one of the world’s top energy and commodity traders, Mercuria Energy Group, is suing the Baltic Exchange over multi-million dollar losses began in London on ....
- Amazon drought raises concerns over navigation restrictions, cargo operations October 28, 2026Declining water levels along the Madeira and Tapajós rivers could require changes to barge loading, convoy configurations and voyage planning NorthStandard’s correspondent ....
- Latvia is transiting Russian grain October 28, 2026Although Latvia, a member of the European Union and NATO, has a ban on importing Russian grain, it has emerged as one of the top five countries being used to ship Russian ....
- New fire drill guidelines for vessels carrying vehicles October 28, 2026The Vehicle Carrier Safety Forum (VCSF) has published its third set of industry good practice guidelines, Fire Drill Guidelines for Vehicle Carrying Vessels. The guidelines, published ....
- Cruise ships: The problem of shore excursion liability October 28, 2026Steamship Mutual’s claims associate, solicitor and Master Mariner Henry Andrews-Tipler has written on the potential difficulties facing insurers of cruise ships’ third-party liability ....
- The Grande Island: the effect of deletion of standard wording sub-clauses on the interpretation of retained sub-clauses in a time charter October 28, 2026The Commercial Court, in a ruling where a right to appeal has now been denied, it was affirmed that in general it was not permitted to rely on deleted text as an aid to the true ....
- AM Best reaffirms West P&I’s Financial Strength Rating October 28, 2026Group Club West P&I has been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) by AM Best. The outlook assigned to these ....
- Marine round-up : 28th October 2026 October 28, 2026Due to a train derailment in Barking, rail services to and from London Gateway yesterday were suspended, with the disruption expected to last for at least one week. Hapag-Lloyd ....