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Marine tag returned 213 results

  • Nearly two-thirds of coral reef sharks and rays face extinction

    Nearly two thirds of sharks and rays that live among the world's coral reefs are currently threatened with extinction according to a recent study published in the journal Nature Communications.

    Asia Risk | 25 Jan 2023
  • Only 20% organisations equipped to handle supply chain disruptions

    Globally organisations plan to increase their supply chain investments by 17% to transform it over the next three years according to a new research by Capgemini.

    Asia Risk | 04 Jan 2023
  • Marine insurers enjoy another positive year of growth

    Global marine insurance premiums in 2021 reached $33bn, up 6.4% on 2020, according to the International Union of Marine Insurers' (IUMI) latest stats report. Premiums have been lifted by increased global trade volumes, a stronger US dollar, increased offshore activity, higher vessel values and a reaction to deteriorating results in previous years. Insurers in Europe and Asia, in particular, saw premium growth.

    AIRPlus | 05 Dec 2022
  • Major trends in marine insurance claims

    Fire, collision and sinking, and damaged cargo are the top causes of marine insurance losses by value according to Allianz Global Corporate & Specialty's (AGCS) analysis of more than 240,000 claims worth EUR9.2bn in value.

    AIRPlus | 24 Nov 2022
  • Turkiye: Oil shippers to show proof of insurance

    Turkiye has warned the world's oil shippers they will need to prove they're insured to pass through the country's vital Bosphorus Strait, a move that could restrict flows of Russian oil as new European sanctions kick in, reported Bloomberg.

    Middle East | 20 Nov 2022
  • Climate risks could impair long-term viability of world's waterways

    The future of some of the world's most important shipping lanes - including the Suez and Panama canals and other sea-facing port and terminal infrastructure - could be impaired from risks associated with climate change according to a new paper published by Marsh.

    Asia Risk | 16 Nov 2022
  • Shipping: Tough negotiations loom for P&I clubs over premium hikes for 2023-24

    P&I clubs that follow the practice of making general premium increases will likely announce an average 7% hike in rates for the policy year 2023-2024, driven both by inflation and a need to improve technical pricing, S&P Global Ratings.

    Asia | 20 Oct 2022
  • Ghana: Regulator acts to increase local insurance coverage of imports

    The National Insurance Commission (NIC) has taken steps to strengthen its partnership with key organisations to increase local insurance coverage of imports into Ghana.

    Africa | 17 Oct 2022
  • New project cargo consortium at Lloyd's

    A new cargo consortium launched at Lloyd's of London will provide the largest single cargo capacity in the market. Liberty Project Cargo Consortium (LPCC) 7763.

    AIRPlus | 13 Oct 2022
  • Japan: Non-life insurers' underwriting gains expected to be pulled down by auto business

    The underwriting results of most major domestic non-life insurers in Japan are expected to retreat moderately for the financial year ending 31 March 2023 (FY2022), says AM Best.

    Asia | 07 Oct 2022

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