Insurance
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Marine World
Firm Issued Fake Insurance for Russian Oil Tankers, Norway’s FSA Says
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to…
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Maritime News
Norway Uncovers Russian Scheme for Marine Insurance Fraud
Norwegian investigators have charged four people in connection with an alleged marine insurance fraud scheme linked to the Russian dark…
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Marine World
Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says
The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s…
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Port News
Audit finds more than 80% of sanctioned ships have no confirmed insurance
The number of vessels hit by sanctions has surpassed 1,000 with data from S&P Global Market Intelligence showing that more…
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Port News
West P&I acquires Nordic Marine Insurance
West P&I Club has bought Nordic Marine Insurance, a specialist in delay insurance, primary loss of earnings, hull and machinery,…
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Port News
Insurance checks instituted for Russian shadow fleet passing through the Baltic
A number of European nations have followed the lead taken by the UK in demanding insurance details from Russian-linked ships…
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Marine World
Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the…
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Marine World
Insurance Checkpoint: Baltic Sea Countries Step Up Scrutiny of Tankers Moving Russian Oil
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the…
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Port News
Rising climate risks and the evolving role of marine insurance
Robert Mackay from FDR Risk writes for Splash today. Extreme weather events triggered by climate change are becoming more frequent…
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Marine World
Global Marine Insurance Premiums Hit Record $38.9B as Fires and Geopolitics Loom Large
The International Union of Marine Insurance (IUMI) has released its 2024 “Stats Report,” providing a detailed analysis of the global…
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