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.
- Swedish Club reports improved CR for first half of 2026/27 August 25, 2026In Swedish Club’s initial report on its first-half performance, The Swedish Club noted an underwriting result of $3.6m, up from $2.6m in the first half of 2025. The combined ratio ....
- Two rescued but 22 missing after bulk carrier sinks in Bay of Bengal August 25, 2026Bulk carrier Ocean Winner (IMO 9145530) capsized in the Bay of Bengal on August 21st, leaving 22 crew members missing. Two crew members managed to board a life ....
- Saudi VLCC hit in Red Sea off Yanbu August 25, 2026Bahri-managed VLCC Amzan (IMO 9693745) was reported to have been struck by an unknown projectile 63nm west of the Saudi Arabian port city of Yanbu, leading to a fire on the ....
- Clearwater names Richard Hooks as Managing Director, Upstream Energy August 25, 2026Specialty underwriting MGA Clearwater Underwriting, which is focused on marine risks, has appointed Richard Hooks as Managing Director for Upstream Energy, a new line of ....
- AXA XL promotes Steven Lawrence to Head of Fine Art & Specie, UK & Lloyd’s August 25, 2026AXA XL has promoted Steven Lawrence to the role of Head of Fine Art & Specie, UK & Lloyd’s, based in London. He will take up the role in September 2026. AXA XL is the property and .....
- Iran grants Iraq permission to some oil tankers to pass through SoH August 25, 2026Iran has granted permission for a number of Iraqi oil tankers to transit the Strait of Hormuz. The move came after several requests from Iraq, via various diplomatic channels ....
- White House claims incredible level of oil flows through Hormuz August 25, 2026Late last week US Energy Secretary Chris Wright caused some raised eyebrows in the tanker tracking world when he claimed that the US military had helped move more than 15m barrels ...
- Russian LNG storage vessel on its way via NSR to Vladivostok August 25, 2026Interesting developments are afoot in the Russian energy and Northern Sea Route (NSR) strategy. Russian LNG floating storage / production vessel Portovyy (IMO 9246621) which had ....
- Kyrgyzstan disowns unauthorized ship registrations August 25, 2026The landlocked country of Kyrgyzstan has told the International Maritime Organization (IMO) that no company or individual was currently authorized to register or operate ....
- Tug grounding in Adelaide was result of poor planning, says ATSB August 25, 2026Insufficient planning and preparation and inadequate risk controls were factors in the grounding of a tug in Port Adelaide, according to the result of an Australian Transport ....