Insurer
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Maritime News
Insurer Pay Out $350M to Dali’s Owner/Operator Before Trial Starts
The insurance company that underwrote the coverage for Maryland on the Francis Scott Key Bridge in Baltimore reported to the…
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Port News
Key Bridge insurer settles with Dali owners for $350m
The insurance company that paid out $350m to Maryland following the collapse of Baltimore’s Francis Scott Key Bridge has reached…
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Maritime News
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War
Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan…
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Maritime News
British Marine Insurer Beazley Purchased by Zurich for $11 Billion
British insurer Beazley has been purchased by Swiss insurance conglomerate Zurich for $10.8 billion, a small boost over an earlier…
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Port News
Zurich buys rival insurer Beazley
Swiss insurance giant Zurich is buying British rival Beazley for £8.1bn ($10.8bn), having had an earlier £7.7bn bid rebuffed. Beazley,…
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Marine World
Iran, Russia and The New Zealand Insurer That Kept Their Sanctioned Oil Flowing
Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian…
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Maritime News
West P&I: Sanctions on Russian Insurer Could Impede Claims
The UK-based P&I club West has warned its shipowning customers that it may not be able to pay out in…
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Marine World
UK Ship Insurer Sees Problems Paying Claims Involving Sanctioned Russian Provider
By Jonathan Saul LONDON, July 23 (Reuters) – Paying claims for ships involved in accidents or collisions with other vessels covered by…
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Maritime News
Liberia Blocks Russian Insurer in Latest Move Against Shadow Fleet
Western efforts are continuing to gain momentum to apply pressure and specifically to use economic levers to cut off…
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Marine World
Top Shipping Flag Withdraws Approval for Russian Insurer
(Bloomberg) — The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document…
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