Marine Insurance – Offshore Energy
- IUMI 2026: Offshore energy insurance market faces growing profitability pressures September 25, 2026The global offshore energy insurance market remained challenging in 2025, with premium growth largely reflecting currency movements (particularly the weakening of the US dollar) and changes in...
- Red Sea traffic holding up, says Kpler September 16, 2026According to Kpler analysis, the Bab al-Mandab recorded 152 crossings from September 7th to 10th. Laden traffic reached 79, and dark transits were limited to 10 ....
- Arctic LNG 2 seeks huge damages from Hanwha September 10, 2026North Russian LNG project Arctic LNG 2, which is led by Russia’s Novatek, is seeking about $1bn in damages from South Korean shipbuilder Hanwha Ocean over cancelled tanker construction ....
- Reinsurance still making good money, but margins are narrowing September 7, 2026Sunday at the Monte Carlo Rendez-vous is the day for the rating agencies, and their common theme this year was that global reinsurance was going to book a good 2026, and would likely ....
- California sues Department of Interior over offshore wind cancellation September 2, 2026California Attorney General Rob Bonta and the California Energy Commission (CEC) filed suit on Friday August 28th against the Trump administration in Washington and Golden ....
- French reinsurer Scor makes several new energy appointments September 1, 2026Scor Business Solutions, the large-business risk insurance arm of global reinsurer Scor, has announced a number of appointments across its Energy team ....
- TotalEnergies transfers stake in Novatek’s Arctic LNG 2 project to NordLine August 28, 2026France-based energy major TotalEnergies has completed the transfer of its 10% interest in the Arctic LNG 2 project to NordLine, a subsidiary of Russia’s Novatek. TotalEnergies now ....
- Ventyr postpones North Sea offshore wind project August 27, 2026Norway’s Ministry of Energy has granted a 12-month extension to Ventyr, which is a joint venture of offshore wind developer JERA Nex (previously Parkwind) and renewable energy ....
- Norway says it will continue Arctic drilling August 27, 2026Despite barely concealed disapproval from the EU, Norway (which is not a member) has said that it would be continuing to develop its oil and gas resources in the Barents Sea ....
- 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 ....