Liability, Marine and Risk - Insurance Industry Brief

Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Insurance Journal

SEPTEMBER 17, 2024

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …

Risk

Risk Claim Insured Insurer

Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait

Insurance Journal

JULY 22, 2024

A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca, as the dark fleet expands and lackluster Chinese demand leaves dozens of the tankers idling. The Ceres I, a 23-year-old …

Risk

Risk Protection Liability Insurance Marine

Stricken Oil Tankers Show Risks of Russia’s Aging ‘Shadow Fleet’

Insurance Journal

DECEMBER 16, 2024

Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two aging tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia’s “shadow fleet.” ” One crew …

Risk

Risk Damage Insured Insurer

Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions

Insurance Journal

JULY 23, 2024

Transfers of oil at sea that involve a recently sanctioned Russian insurer may prevent western firms from paying claims if something goes wrong, a key provider of cover said. Moscow-based Ingosstrakh PJSC has emerged of a major insurer to Russian …

Risk

Risk Insured Insurer Insurance

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. This coverage is required in most states.

Workers Compensation

Workers Compensation Liability Property Damage Inland Marine Insurance

Risk of collision with offshore installations from attendant vessels

Insurance Marine News

MARCH 11, 2025

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Risk

Risk Marine Insured Insurer

Fireside chat: Liability challenges for sanctioned vessel oil spills

Insurance Marine News

MARCH 25, 2025

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Liability

Liability Marine Insured Insurer

Norway acts on fake marine insurance operation

Insurance Marine News

MARCH 30, 2025

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Marine

Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait

Trending Sources

Stricken Oil Tankers Show Risks of Russia’s Aging ‘Shadow Fleet’

Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions

Insurance Considerations When Expanding Your Business to a New Location

Risk of collision with offshore installations from attendant vessels

Fireside chat: Liability challenges for sanctioned vessel oil spills

Norway acts on fake marine insurance operation

Scrap metal fires – is the IMSBC code adequately addressing the risks?

NorthStandard says it “remains on course” after year of headwinds for marine insurers

Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe

Marine War Risks market remains “turbulent”, says broker Gallagher

South Africa passes marine pollution law

Red Sea risks rise after US attacks Houthi bases

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Abandoned shipwrecks pose safety risks in Fiji

Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Aon launches €110m Ukraine war risk facility

NTSB says that 68 bridges in US are at risk from a Dali-style accident

Marine round-up : 19th December 2024

Pen Underwriting extends international ports and terminals coverage to US risks

Hyundai deploys technology to fight fire risk from lithium batteries

IMO’s Dominguez warns on rising risks from unregulated tanker fleet

CDC warns on Legionnaires’ disease risk in cruise ship hot

Insuring Collectibles in New York

DNV Maritime says shipping needs to improve training to keep up with cyber risks

Does Builder’s Risk Coverage Differ for Residential vs. Commercial Construction Projects?

IMO committee agrees 2025 action plan on marine plastic litter

‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association

Chinese ship dragged anchor for 100 miles, cutting two cables, says WSJ

More than 6% of international trade vessels now in shadow fleet, says Kpler

Spain stops US vessel from docking because of suspected Israeli military connection

Azerbaijan-managed vessel en route to China via Northern Sea Route: report

Question on an ISR extension of coverage

Harbourmaster submits recommendations following ferry’s hard grounding

Unprecedented railway strike in Canada begins

Britannia goes for 7.5% rate increase

Swedish Club renewal: further details

Turkish pro-Palestinian protestors occupy the Kathrin

New US sanctions cast a wide net

American Club renewal: overall target of 7% increase

Finnish Court upholds detention of Eagle S

Egypt reveals $6bn revenue hit from Houthi attacks in Red Sea

Indian High Court orders sale of seized vessel: report

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