Articles from August 2012:
EU Closes Antitrust Investigation into International Group
7 August 2012
Posted in Blog
The EU Commission has finished its two year investigation into the claim-sharing and joint reinsurance agreements in place within the marine insurance market, after concerns were raised regarding the dominance of the International Group’s 13 clubs. Particular focus was paid to the International Group Agreement (IGA) and Pooling Agreement, which exists between the International Group [...]
Read more »BIMCO’s New Charter Party Clause for Solid Bulk Cargoes that Can Liquefy
7 August 2012
Posted in Blog
Tagged: BIMCO, Cargo, charterer, P&I, risk
In conjunction with the International Group of P&I Clubs, BIMCO (the Baltic and International Maritime Council) has released an industry standard clause for the carriage of solid bulk cargoes, by Charterers, that may be subject to liquefaction. Iron ore fines and nickel ore have recently been highlighted as two commodities requiring special attention. The Clause [...]
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