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.
- Gain of $103m for Skuld in 2025-26 May 11, 2026Norway-based marine insurer and Group Club Skuld has reported a profit of $103m for the policy year ended February 20th 2026 ($21m in 2025). The Club recorded a positive result in both .....
- Settlement agreed in Puerto Rico coral reef grounding May 11, 2026Shipowner Ernst Jacob and COFR (Certificate of Financial Responsibility) Guaranty marine insurer SIGCo will reportedly pay $17m to settle US and Puerto Rico claims over coral reef damage .....
- US switches to fighter jets to disable Iran vessels in Gulf of Oman May 11, 2026US Central Command (CENTCOM) has disabled two more Iran-bound tankers in the Gulf of Oman using Navy fighter jets. The strikes are a new tactic by the US forces in the Gulf region, providing .....
- Greek authorities disarm naval drone found in Ionian Sea May 11, 2026Greek authorities said that Greek bomb disposal experts had disabled a naval drone that had been was discovered last week by local fishermen. The sea-drone (USV), suspected to be of ....
- UK nationals on virus-hit cruise ship will isolate at Wirral hospital site May 11, 2026British passengers and staff aboard boutique cruise ship Hondius (IMO 9818709) will be brought to Arrowe Park Hospital on the Wirral, Merseyside, to isolate after charter flights transfer .....
- Iran denies that it attacked HMM Namu May 11, 2026The cause of the explosion and fire on general cargo ship HMM Namu (IMO 1039292) reported on Monday May 4th while the vessel was anchored off the UAE port of Umm Al Quwain ....
- Dali trial set to begin on June 1st May 11, 2026At a pretrial hearing last week Judge James K Bredar told all parties in no uncertain terms that, given it was now more than two years since the accident in which the containership Dali ....
- DP World launches cargo war risk insurance May 11, 2026Emirati multinational logistics company DP World has launched a cargo war risk insurance solution which it said would help businesses navigate disruption across Middle East trade ....
- US imposes sanctions Chinese companies charged with helping Iran’s weapons sector May 11, 2026The US Treasury, through the Office of Foreign Assets Control (OFAC) announced sanctions on Friday May 8th against 10 individuals and companies – several of them in China and Hong Kong ....
- Syndicate Results 2025 #30 Hamilton 1947 May 11, 2026The Lloyd’s syndicates have now published their results for 2025 and, in some cases, added detail and an outlook for 2026. Some have stuck to the bare bones. As in the previous few years .....