Maritime insurers eye business opportunity as non-oil spills in sea rise

While the number of oil spills has declined in recent years, there is a higher incidence of what experts call the “new pollution,” which needs to be tackled, and is also a business opportunity for marine insurance companies, sources said during Singapore

Marine Insurers Troubled by Rising Major Vessel Casualties

There has been a continued increase in frequency of major vessel casualties, according to the International Union of Marine Insurance (IUMI).

IUMI: Tianjin Disaster a Wake-Up Call to Cargo Insurers

The recent catastrophe at the port of Tianjin in China should be a “substantial wake-up call to all cargo insurers,”

Insurers, ICS warn of threat to shipping in Libya

The London P&I Club has echoed the International Chamber of Shipping\'s (ICS) warnings over calling at Libyan ports to its members. ...

Insurers call for better risk assessment of bigger, more high tech ships

As the people who have to worry about paying out when something goes wrong, the increasing...

Marine insurers weigh pros, cons of possible Arctic shipping routes

Marine insurance companies are currently assessing the potential risks and rewards of insuring...