IUMI’s 2020 analysis of the global marine insurance market (IUMI Stats) is released today COVID-19 has injected uncertainty into the global marine insurance market but early signs predict…
IUMI Eye June 2020 Viewers can see below the link to International Union of Marine Insurance (IUMI – www.iumi.com) latest edition of the informative IUMI Eye: IUMI EYE June 2020 A…
Extreme weather – are ocean indusries ready for a “new normal”? WOC Invites the Global Ocean Business and Investment Community to the International Union of Marine Insurance (IUMI) Webinar on…
VIKING to supply HydroPen container firefighting system for V.Ships Container firefighting across the V.Ships Hamburg container ship fleet has been entrusted to the HydroPenTM system, after VIKING Life-Saving Equipment secured a…
IUMI 2019 statistical report released today Uncertainty prevails across all marine insurance lines Today – 2 December 2019 – the International Union of Marine Insurance (IUMI) has released its 2019 statistical…
IUMI appoints new Asia Ambassador The International Union of Marine Insurance (IUMI) hosted the second IUMI Asia Forum in Shanghai on 22-23 May and appointed a new additional Asia Ambassador…
Against the positive backdrop of a benign claims environment in some sectors, IUMI’s statistics show an increasing mismatch between premium income, covered risk and claims costs. On a global average…
Rising energy claims against a reducing premium base; and the increased cargo accumulation risk onboard vessels and in port continue to challenge marine insurers. Statistics released at the International Union…
Position paper of the International Union of Marine Insurance (IUMI) Fires on ro-ro passenger vehicle decks 8 February 2017 Background The deadly fires aboard the ferries “Norman Atlantic” just…
Tianjin multi-billion dollar cargo loss: an aberration or the new normal? By James Brewer Containerisation has greatly increased cargo catastrophe risk. This challenges the insurance industry to change the way…
Claims handling challenge of Tianjin explosion By James Brewer Factors behind the deadly explosion at Tianjin, serving Beijing and one of the busiest ports of the world, were spelled out…
Surviving in a Changing Environment – challenge for both the oil industry and its insurers By James Brewer It was a worrying start. Underwriters in the offshore energy sector who…
Catalogue of risks endangers laid-up ships, IUMI is told By James Brewer Companies that put their ships into lay-up need to adopt clear and detailed planning, an adviser on such…
Munich Re hires a lively crew to entertain marine insurance community sea-shanty style, By James Brewer Sea shanties are alive and well and living, among other cities, in Berlin! Executives…
IUMI receives China boost as Shanghai Institute of Marine Insurance becomes new member association By James Brewer In a strengthening of links with the Chinese insurance market, the International Union…
Energy sector needs to invest despite current low oil price, to avoid 2020s supply shortfall, IUMI gathering is told By James Brewer Investment in oil is needed now – in…
Reacting to an alarming increase in cargo thefts globally, the International Union of Marine Insurance (IUMI) is calling for the introduction of a range of measures to help reverse this…