UK P&I Club and Britannia to raise premiums at February renewals
Britannia also commits to a $10m capital redistribution to its shipowner members
Insurance
Gard raises annual refund for renewing P&I policy members
Largest club also says it needs to increase rates because of inflation
Russia’s 2nd-Largest Insurer Rosgosstrakh Hacked; 400GB of Data Sold Online
By Waqas
The hackers are selling the trove of data for $50,000 in Bitcoin (BTC) or Monero (XMR) cryptocurrency.
This is a post from HackRead.com Read the original post: Russia’s 2nd-Largest Insurer Rosgosstrakh Hacked; 400GB of Data Sold Online
Norwegian Hull Club branches out with offshore wind venture NIORD
Bergen-based insurer is eyeing growth in the floating offshore wind business
X-Press Feeders pays £20m into court as claims battle looms over X-Press Pearl fire
Singapore operator has won a UK legal decree limiting liability from serious casualty
Comment: A clear wealth divide is growing between P&I clubs
Wealthier P&I mutuals are starting to reward loyalty with windfalls — but a chasm could form as not all clubs have deep pockets
Aon calls for passenger ship insurance review 11 years after the Costa Concordia
Broker argues that without a major claim in a decade the sector deserves to be recognised with lower rates
Insurer Gard and DNK join forces on war risk, offering enhanced security intelligence for clients
DNK will also monitor vessels that have Gard’s war risk cover for security threats
Israel to compensate owners for ships damaged in Hamas war
Tax authority says payments will be made for domestic or overseas vessels
Broker Gallagher predicts a ‘manageable’ P&I renewal for shipowners
Latest report suggests protection and indemnity rate increases will range between 5% and 7.5%