At its annual winter meeting in London, the International Union of Marine Insurance (IUMI), confirmed that the global marine insurance market is continuing to support trade in the Red Sea…
IUMI publishes initial findings from its major claims database. During this year’s annual International Union of Marine Insurance (IUMI) conference, initial findings from IUMI’s major claims database were made available…
Global marine insurance results indicate a modest recovery but COVID-19 adds uncertainty for the future, IUMI reports. Today, IUMI – the International Union of Marine Insurance – presented its analysis…
Navigating changing climates: IUMI President, Richard Turner, identifies four key challenges facing marine insurers. In his keynote address to the International Union of Marine Insurance (IUMI) annual conference, IUMI President,…
IUMI Eye September 2020 Please see below the link to International Union of Marine Insurance (IUMI – www.iumi.com) latest edition of the informative IUMI Eye: IUMI EYE September 2020 A few…
IUMI – WOC Webinar – U.N. BBNJ Ocean Treaty INTERNATIONAL UNION OF MARINE INSURANCE WEBINAR ON NEW U.N. OCEAN TREATY, ORGANIZED IN PARTNERSHIP WITH WOC World Ocean Council Collaborates with…
Containership fires: it is time to take action, says IUMI This year has already seen an alarming number of container ship fires including Yantian Express, APL Vancouver, Grande America, E.R.…
IMO: Extreme maritime weather – symposium – 23-25 October – London International Symposium on Extreme Maritime Weather – Towards Safety of Life at Sea and a Sustainable Blue Economy https://public.wmo.int/en/events/meetings/londonsymposium…
Concerns remain for global marine underwriting, says IUMI Whilst in general, major losses remain stable, the continued erosion of the global premium base means that attritional losses are becoming much…
IUMI confronts trade ‘chaos’ as it strives to protect insured clients By James Brewer London’s marine insurance market is going through one of its toughest periods in recent years, the…
Viewers can see herebelow the link to the International Union of Marine Insurance (IUMI –www.iumi.com) latest edition of the informative IUMI Eye, published today: IUMI EYE December 2018 A few…
19 September, Cape Town. Richard Turner, European Director of Global Risk Solutions at RSA Insurance Group has been elected President of the International Union of Marine Insurance (IUMI). In accordance with…
On Tuesday 18 September – Sean Dalton, the International Union of Marine Insurance (IUMI) Cargo Committee Chair reported that the marine cargo market remained the largest commercial marine line of…
Naval Dome has called on marine insurers to revoke the controversial Clause CL 380 and implement policies that insure against the risk of cyber-attacks on ship systems. Speaking in Cape…
Opening this year’s International Union of Marine Insurance (IUMI) annual conference yesterday in Cape Town, South Africa, IUMI President Dieter Berg impressed on delegates the need to manage “unthinkable” risks.…
Hull casualty frequency stabilising; cargo insurance firming-up; offshore energy prospects improving. Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union…
At today’s annual IUMI (International Union of Marine Insurance) conference in Tokyo, James McDonald, chairman of IUMI’s Offshore Energy Committee warned that the sector was “sinking”. His warning was based…
With the growing size of container vessels, and a recent spate of fires on board these ships, IUMI is concerned that current firefighting provisions are insufficient. The International Union of…
IUMI gets ready for 2017 conference in Tokyo By James Brewer Planning is well underway at the General Insurance Association of Japan to host the 2017 conference of the International…
Accumulation management: does it matter to a marine insurer? By James Brewer Accumulation concerns in insurance are building for the future, Richard Turner, global marine director of RSA, told the…
Hackers geared for new attacks on shipping, says class society expert By James Brewer Maritime interests must step up their defences against the threat of serious cyber attacks, an expert…
Today, in Hong Kong, the International Union of Marine Insurance (IUMI) announced the opening of a new overseas hub in Asia – this is the first time in the organisation’s…
RINA foresees big advance for 3D-printing in shipping and offshore By James Brewer Ugo Salerno, chairman and chief executive of classification society RINA, has strongly reiterated his organisation’s backing for…
Potential accumulation losses threatening the financial stability of insurance companies, says IUMI President Closing this year’s IUMI 2016 marine insurance conference in Genova today, IUMI President, Dieter Berg expressed concern…
Explosive cocktail of challenges ahead for marine insurers, says IUMI president By James Brewer Marine insurers will have to deal with “an explosive cocktail” of challenges in the period ahead,…