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Marine tag returned 95 results

  • Global: Piracy incidents increase in 2018

    Piracy increased on the world's seas in 2018, with a marked rise in attacks against ships and crews around West Africa, according to the International Chamber of Commerce's International Maritime Bureau's (IMB) latest annual piracy report.

    Asia Risk | 23 Jan 2019
  • North becomes first UK P&I Club to confirm post-Brexit trading arrangements

    North P&I has confirmed that its subsidiary in Ireland, North of England P&I, has received authorisation as a non-life insurance business from the Central Bank of Ireland (CBI). This would allow North, a provider of marine insurance, to continue its European operations after the expected loss of existing EU financial services 'passporting' rights when the United Kingdom leaves the EU on 29 March 2019.

    AIRPlus | 23 Jan 2019
  • Economic Growth and The Demand For Marine Insurance: A Comparison Between Europe And South-East Asia

    Dr Daniel Imhof, economist and Mr Christof Goeldi, assistant manager, both of Swiss Re, look at the historical trends in the 1980s between GDP growth rates and rise in premium looking at their linkages and conclude on a positive note about the growth of premium volume in the next few years.

    AIRPlus | 17 Jan 2019
  • Global: Oceans warming at a faster pace than before, urgent action needed

    The world's oceans are warming at an accelerated pace, according to a new research study which urged the world to take action to address the trend.

    Asia Risk | 16 Jan 2019
  • Trade risks a concern if ports are not protected from climate change-UN

    With some 80% of world trade carried at sea, the maritime industry will need to transform and adapt to climate change fast to withstand its impacts, or suffer world trade risks, a UN representative has said.

    Asia Risk | 19 Dec 2018
  • Marine: BIMCO to publish cyber security clause in spring 2019

    Come spring 2019, BIMCO, the world's largest shipping association, will publish a clause dealing with cyber security risks and incidents which may affect the ability of parties to fulfil their contractual obligations, it said in a statement last week.

    Asia Risk | 12 Dec 2018
  • North P&I Club's Alan Lo retires after 23 Years with the club

    After over 23 years of service, Alan Lo, the director of North P&I Club's Hong Kong office, retired on November 30 . Mr Lo has served the club and its members with distinction throughout this period and has been a respected ambassador and a good friend and colleague to all at North.

    People | 07 Dec 2018
  • Iran: Foreign insurers have settled payouts for sunk tanker

    All parties involved in the liability insurance of the ill-fated Iranian oil tanker "Sanchi" that sank in January have made their compensation payments, a senior official of the Iran Insurers Syndicate has said.

    Middle East | 04 Dec 2018
  • Marine: International Group of P&I Clubs warns about insurance cover for Iran-related shipping

    The International Group (IG) of P&I Clubs has warned Club members that there is the potential for there to be significant reinsurance shortfalls, in circumstances where a Club covers a claim with an Iranian nexus, following the re-imposition by the US of sanctions on Iran.

    Middle East | 29 Nov 2018
  • GCC: Call for regional marine insurance group to be formed

    Marine insurance experts have called for the establishment of a GCC or even a Gulf-Asian group that specialises in marine insurance and reinsurance operations, covering ships, cargo, transport of goods, oil and petrochemicals, etc.

    Middle East | 25 Nov 2018

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