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 […]

Lloyd's/London Market

North P&I Publishes 2021-22 Results

North P&I Club cites strong contribution of diversification to financial performance premium income growth in the 2021–2022 financial year, with the global insurance business set fair for its forthcoming merger with Standard Club. In its […]

Lloyd's/London Market

More Investment in Maritime Crew Training Announced

After the grounding of the Ever Given and the supply chain issues exacerbated by the pandemic, martime training is something the insurance sector will be glad to see. Here’s the word; The International Shipsuppliers & […]

Lloyd's/London Market

Marine: ESG & Climate Regulation Will Increase

A warning that the shipping industry will soon face the potential impact on General Average recoveries of tighter rules on emission prevention has been delivered in the chairman’s address to the Association of Average Adjusters. […]