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Onboard fires, cyber attacks and the risk that distracted captains will run vessels aground are all leading to increased cargo marine losses.
An increasingly productive economy means more trade and demands more exacting logistics risk management.
Global piracy is being mitigated while insurers hold steady on policies and practices.
The first formal marine insurance policy was created around 1350.
Is a remote operator legally a master? New technology confounds old terms.
After a year of heavy losses, marine underwriters are imposing rate hikes despite plentiful market capacity.
After months of pilot studies, underwriters will soon go live with Maersk on a commercial distributed-ledger system for marine insurance.
The sector’s profitability is precarious, but investments in technology and recruitment could assuage some of its challenges.
IUMI’s annual meeting in September will offer a rare glimpse into local markets.
Accumulation risk due to the increased size of marine vessels is something marine underwriters are keeping a keen eye on.
Major vessel loss frequency and cost trends pressure marine underwriters.
A look at the latest decisions impacting the industry.
Consolidation and related coverage issues have marine risk managers and underwriters scrambling.
When a captive structure didn’t serve the needs of a post-merger cargo program, Carlos Dezayas built a new one.
A sunken haunted house attraction resulted in a lawsuit against the insurance broker.
Marine risk managers and underwriters confront the threat of cyber losses.
Businesses face risks from undersea data cable vulnerabilities.
Bigger ships passing through an expanded Panama Canal translates to bigger risk accumulations.
Port computer systems are vulnerable to criminal organizations looking to steal, smuggle or commit espionage.