IOPC Funds looks into Philippines tanker oil spill as claims bill is set to soar
International Maritime Organization’s oil pollution body looking into whether its compensation fund will apply
Insurance
Insurer Beazley posts profits despite Ukraine war claims
Marine underwriter has been assisting clients with ships caught up in the conflict
War crimes: Ukraine helps P&I clubs send Russia the bill
Ukrainian authorities are working out a way to make Russian state-controlled entities reimburse protection and indemnity clubs for war crimes at sea
New insurance partnership to tackle port cyber threat
Ramsomware groups have been targeting critical infrastructure
Ambitious West of England launches war and hull business
Protection and indemnity insurer continues to diversify its commercial business lines
American Club encouraged after growing 25% at renewal
Premium income increased by 8% per tonne for renewing tonnage
Russian reinsurer targeted by EU to promote sanctions impact
Russian National Reinsurance Co has reinsured vessels denied by Western businesses, says EU
Ukraine launches $500m ship insurance fund to boost Black Sea trade
The move comes as the cost of war risk cover in the region continues to increase
‘Shipping is in our blood’, says Manos Sofronis of insurance broker Oneglobal
Executive team of Athens-based insurance broker reveals the secret of the company’s success
Skytek satellites spot 58 ships worth $440m trapped in Ukraine
Company says eight vessels have been damaged in attacks