Insurance Brokers

Lockton Sees Darker Skies Ahead

Lockton recently published its P&I Market Review 2022, an analysis of the 2022/23 policy and financial years’ data for P&I clubs, as well as fixed premium providers and reinsurance & pooling arrangements. In the 2022/23 […]

Technology

Automated Demurrage Can Speed Marine/Shipping Claims

Voyager Portal has launched a new web-based tool for optimising the often complex demurrage process, while streamlining claim calculations and management. Providing greater insight from port operations, the company’s new Demurrage Module reduces processing time by automatically […]

News

Marine: Rates Have to Rise With Inflation

The latest from North P&I; North P&I Club signals intention to apply a 10% General Increase in 2023/24 premium rates amid swirling economic uncertainty and mounting inflationary pressures.The current benign marine insurance conditions within P&I […]

Lloyd's/London Market

Key Trends in Marine Claims in Focus by AGCS

Need some trends info on the Marine sector? Fire and explosion incidents cause the most expensive insurance claims, while at a time of rising exposures and inflation, cargo damage is the most frequent cause of […]

Lloyd's/London Market

Marine Insurer Posts Healthy Results

Skuld, a world leading marine insurance provider, recently announced a positive bottom-line result of USD 18 million for the first six months of its 2022/23 financial year ending 20 February 2023 (compared with negative USD […]

Emerging Risk

Those `Green’ Lithium Batteries Are a Major Shipping Fire Risk

Some insights on Marine risk from Allianz Global; Lithium-ion (Li-ion) batteries are increasingly impacting shipping safety as demonstrated by a number of fires on vessels such as roll-on roll-off (ro-ro) car carriers and container ships. Given the many […]

Lloyd's/London Market

North Joins Maritime Anti-Corruption Network

North’s membership of the Maritime Anti-Corruption Network emphasises the Club’s commitment to a fairer and more sustainable shipping community. In the latest demonstration of its commitment to supporting a more sustainable maritime community, North P&I […]