IUMI Stats report 2019 – Analysis of the global marine insurance market

(http://www.MaritimeCyprus.com) The International Union of Marine Insurance (IUMI) operates at the forefront of marine risk, it gives a unified voice to the global marine insurance market through effective representation and lobbying activities. As a forum for the exchange of ideas and best practice, IUMI works to raise standards across the industry and provides opportunities for…

Rate this:

War risk insurance costs rise for Mideast-bound tankers

(http://www.MaritimeCyprus.com) Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels. War risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. War risk premiums that owners pay each time they go to the…

Rate this: