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Marine Insurance

Marine insurance is experiencing a period of rapid change, with a prolonged struggle to deliver underwriting profit forcing companies to reevaluate their proposition and the need to modernise. The class of business on which Lloyd’s was founded, the marine market is now navigating through a transitional period as it embraces technological reform and looks to rebuild its profit margin against a challenging operational backdrop.

Marine

Viewpoint: Covid-19 claims highlight cracks in P&I coverage

In these unprecedented times, it is incumbent on P&I clubs to do all they can to exercise discretion in favour of their members

Claims Management Marine

Hull and machinery claims down, Cefor data shows

Total losses hit another record low in first half of 2020 as trade body warns of pandemic-related marine claims

International Marine

Legal Focus: Oil spill shows compensation limits outdated

A recent oil spill offshore of southern Mauritius raises a number of issues about compensation limits

Legal focus Casualty

Viewpoint: We must seize the opportunity to improve working conditions for seafarers

Covid-19 has generated significant momentum around the humanitarian crisis impacting seafarers. But, is it enough to drive change? 

Marine International

Viewpoint: Economic downturn could drive up cost of marine claims

It is crucial for shipowners and their insurers that marine safety and maintenance standards are not adversely affected by any downturn

Marine International

Viewpoint: Data sharing will significantly reduce the cost of claims in the P&I sector

The International Group of P&I Clubs recognises the key responsibility it has to effectively utilise its unique claims data set to support a sustainable shipping industry

Marine International

Viewpoint: Covid-19 is driving the marine market’s overdue turnaround

The challenges created by the coronavirus pandemic underline the importance of ongoing initiatives to reform and steer the market to recovery

Market Modernisation Marine

Focus: The seafarer crisis is a challenge for the marine sector, including insurers

Shipowners and their insurers will very likely face claims from seafarers

Focus Coronavirus

Latest Marine Updates

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