Insurance

  • EU-US covered agreement

    The announcement of a covered agreement between Europe and the US to enhance international insurance and reinsurance regulation has been long anticipated. When the IUA first began actively advocating the case for mutual recognition between authorities on both sides of the Atlantic, Hilary Clinton was First Lady of the US and everyone was worrying about the millennium bug. Now, 20 years later the case is finally being recognised at the most senior levels of government.

  • Greener Ships Will Not Automatically Get a...

    The second day of the “Maritime Cyprus 2017” Conference successfully kept the momentum that was experienced during the previous day. Hundreds of distinguished participants from around the world followed the proceedings of the second day of the Conference, solidifying its reputation as one of the most successful shipping conferences worldwide.

  • Integartion of Marine Insurance & Liability...

    Senior managers from Maritime Administrations and legislative draftspersons specialised in maritime and shipping related legislation from 11 Pacific Island countries gathered in Suva this week (26–29 September) for the Regional Workshop on International Maritime Organization Civil Liability Conventions.

  • Cargo still sailing on rough seas – but land ahoy!

    A year ago, the container shipping industry was in the doldrums with oversupply of capacity and lay-up of 7% of the global fleet in capacity terms. Predictions were that the market would only fully recover in 2018. One year on, we speak to some insurance players for their sentiments on the marine cargo market.

  • The impact of extreme weather on contracts of...

    Extreme weather events may have an impact on the trading of cargo vessels, for example during the recent hurricanes Harvey, Irma and Maria in the USA and Caribbean, as they give rise to legal and cover questions in relations to the contracts of carriage agreed by the carrier.

  • Banks trimming credit lines for some traders...

    Some banks have begun to pare back credit lines to smaller trading companies holding industrial metals in South Korea amid escalating tensions over North Korea’s nuclear and missile program, two industry sources said this week.

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EU-US covered agreement

The announcement of a covered agreement between Europe and the US to enhance international insurance and reinsurance regulation has been long anticipated. When the IUA first began actively advocating the case for mutual recognition between authorities on both sides of the Atlantic, Hilary Clinton was First Lady of the US and everyone was worrying about the millennium bug. Now, 20 years later the case is finally being recognised at the most senior levels of government.

English

Greener Ships Will Not Automatically Get a Discount in Insurance Premiums

The second day of the “Maritime Cyprus 2017” Conference successfully kept the momentum that was experienced during the previous day. Hundreds of distinguished participants from around the world followed the proceedings of the second day of the Conference, solidifying its reputation as one of the most successful shipping conferences worldwide.

English

Integartion of Marine Insurance & Liability Mechanism

Senior managers from Maritime Administrations and legislative draftspersons specialised in maritime and shipping related legislation from 11 Pacific Island countries gathered in Suva this week (26–29 September) for the Regional Workshop on International Maritime Organization Civil Liability Conventions.

English

Cargo still sailing on rough seas – but land ahoy!

A year ago, the container shipping industry was in the doldrums with oversupply of capacity and lay-up of 7% of the global fleet in capacity terms. Predictions were that the market would only fully recover in 2018. One year on, we speak to some insurance players for their sentiments on the marine cargo market.

English

The impact of extreme weather on contracts of carriage

Extreme weather events may have an impact on the trading of cargo vessels, for example during the recent hurricanes Harvey, Irma and Maria in the USA and Caribbean, as they give rise to legal and cover questions in relations to the contracts of carriage agreed by the carrier.

English

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