Articles from September 2011:
Best Management Practices for Somali Piracy BMP4
21 September 2011
Posted in Blog
Tagged: piracy, shipowners, Somalia
The latest edition of the Best Management Practices for Protection against Somalia Based Piracy, more commonly known as BMP4 has been released to the shipping industry after consultations with United Kingdom Maritime Trade Operations Office (UKMTO), EUNAVFOR, the NATO Shipping Centre (NSC) and INTERPOL. Whilst there are no radical changes, this being a progression from [...]
Read more »EU Sanctions against Syria
13 September 2011
Posted in Blog
Tagged: insurance, reinsurance, sanctions, Syria
On 2 September 2011, the EU stepped up its sanctions on Syria in response to the continued civil unrest. The Council of Europe has adopted Council Regulation (EU) No 878/2011 which amends Regulation 442/2011. The new sanctions prohibit the purchase, import or transportation from Syria of crude oil and petroleum products. The EU has also [...]
Read more »Libya Sanctions – update
13 September 2011
Posted in Blog
With effect from 2 September, the six port authorities in Libya that were subject to sanctions targets designated by the EU have now been removed from the Annex by Regulation (EU) No. 872/2011. The reason they are no longer subject to sanctions is that the National Transitional Council has affirmed its control over these entities.
Read more »Recent articles
3 September 2012
Have recessionary risks hindered the opportunities available to Asian marine insurers? And is the future a profitable one?
20 July 2011
What has changed in the marine insurance markets over the last year? And can Assureds expect to see these soft markets continue?
Blog
6 December 2012
In recent months, three insurers have pulled out of the Hull and Machinery market as competitive pressures and a year of substantial claims take their toll.
28 November 2012
At the recent Meeting of the Association’s board of Directors, the general increase to be applied to the advance call rates for the 2013 policy year was set at 5%.
Press releases
16 April 2013
INTTRA, the world’s largest multi-carrier shipping network for ocean freight, has launched a new member service that enables shippers to purchase cargo insurance from marine insurance specialist, FP Marine Risks.
4 February 2013
Hyperion Insurance Group Limited, the international insurance intermediary group, and FP Group Limited (FP), the Hong Kong-headquartered specialist marine broking group, are pleased to announce their partnership today, with Hyperion taking a 55% stake in FP Group Limited.
Opinions
26 March 2009
26 November 2008