Move is in response to new conditions of cover applied by the P&I clubs’ reinsurers at 1 January policy renewal
P&I clubs forced to apply Russian exclusions on fixed premium war risk cover Read More »
Lloyd’s of London insurer is to put the business book into run-off
Reinsurer Atrium to exit ‘unviable’ marine market, and more could follow Read More »
Marine sector could be hit by the move which is aimed at limiting losses from aircraft lease claims
Reinsurers mull Russian exclusion clause — sparking fears for marine cover Read More »
A steep increase in the number of stranded crews is concentrating policymakers’ minds
IMO to tighten procedures against seafarer abandonment Read More »
The rest of the crew was rescued from the 9,200-dwt Beata (built 2001) off the Turkish coast
Master feared dead after ship catches fire in the Black Sea Read More »