Insurance
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Iran Offers Insurance Coverage
The Iranian government will provide insurance coverage for foreign ships entering its territorial waters, the managing director of the port authority said. Iran offers maritime insurance coverage The Iranian government […]
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Tradewinds Marine Risk Forum 2012
Yesterday saw the final day of Tradewinds Marine Risk Forum 2012. The first session of the day saw discussion on how P & I clubs can stay competitive against a […]
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A Difficult Year
The latest Willis Marine Market Review reveals that the insurance market is in a flux in the aftermath of the Costa Concordia disaster in January. Maritime industry faces another difficult year […]
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Reduction in Rates
Oslo-headquartered P&I and defense insurance mutual Skuld is offering what it says is a “large reduction” in basic pricing rates for Maritime Kidnap and Ransom insurance. Reduction in Rates for Maritime Kidnap […]
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Marsh Launch New Insurance Facility
Marsh, a global leader in insurance broking and risk management, has launched a new insurance facility that provides comprehensive insurance coverage for the Private Maritime Security Company (PMSC) industry. Marsh […]
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Armed Guards Revisited
The recent announcement by the UK Government that weapons will be allowed on UK-flagged vessels is not perhaps as revolutionary as it might first appear. Former Royal Marine Stephen Askins […]
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Haymarket Expands Marine Security
Haymarket Risk Management is expanding its maritime security division in response to the growing threat of piracy. The company has established bases in the Red Sea, Oman and Sri Lanka […]
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Under Insured
As more private security companies come under scrutiny there are concerns emerging about the level of insurance that many are carrying. It has been stressed that shipowners could face liability […]
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Double Dipping
According to a marine investigator, shipowners may be defrauding insurers by “double claiming” for pirate attacks due to perceived lack of clarity over where they should be making their claims. […]
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Separation Anxiety
What happens why the crew from hijacked ships are taken ashore, separated from the vessel and the bonds to their K&R insurance? According to Lloyd’s List the trend for separating […]
