Posts Tagged ‘IUMI – the International Union of Marine Insurance’

IUMI calls for more action to improve cargo theft prevention measures

IUMI calls for more action to improve cargo theft prevention measures
Helle Hammer, IUMI Policy Forum Chair IUMI calls for more action to improve cargo theft prevention measures Today – 17 September – IUMI (the International Union of Marine Insurance) has published a revision of its position paper containing recommendations aimed at improving the prevention of cargo...
September 17th, 2019 | Associations, Marine Insurance | Read More

More infrastructure support required to facilitate insurance for Arctic sailings, urges IUMI

More infrastructure support required to facilitate insurance for Arctic sailings, urges IUMI
Helle Hammer, IUMI Policy Forum Chair The change in ice conditions is opening the high Arctic as a trade route, fishing ground and potential tourism destination; but more infrastructure support is required to facilitate the provision of adequate insurance, says IUMI in a position paper released today. Helle...
August 29th, 2018 | Arctic Shipping, Fisheries, Insurance and Reinsurance, Marine Insurance, Oceanology | Read More

Nomination for IUMI President

Nomination for IUMI President
Richard Turner The presidency of IUMI – the International Union of Marine Insurance – is for a four-year term. The present incumbent, Dieter Berg, ends his full term at this year’s IUMI annual conference in Cape Town and will formally hand over the position to his successor on Wednesday 19...
August 15th, 2018 | Associations, Marine Insurance, News, Person Profiles | Read More

IUMI Eye June 2018

IUMI Eye June 2018
Please see below the link to the International Union of Marine Insurance (IUMI – www.iumi.com) latest edition of the informative IUMI Eye, published today that Navigate has send us:: IUMI EYE June 2018 A few of the key stories include: –          Message from the President – ...
June 22nd, 2018 | Associations, Communication, Marine Insurance | Read More

IUMI President predicts shake-up in marine underwriting

IUMI President predicts shake-up in marine underwriting
Dieter Berg Opening today’s annual IUMI conference in Tokyo, President Dieter Berg predicted an impending shake-up in the marine insurance sector driven by the current environment of disruption. Disruption, according to Berg, is the raft of technology and business innovation that is destroying...
September 18th, 2017 | Associations, Conferences, Seminars, Forums, Marine Insurance | Read More

Global marine underwriting premiums continue to fall, reports IUMI.

Global marine underwriting premiums continue to fall, reports IUMI.
Astrid Seltmann IUMI debates the growing challenge of reconciling dropping income levels with the risk of having to cover even larger single claims in an environment of ever increasing accumulation of values. IUMI – the International Union of Marine Insurance – presented its annual statistical report...
September 18th, 2017 | Associations, Marine Insurance, Reports | Read More

IUMI Eye December 2016

IUMI Eye December 2016
Viewers can see below the link to the International Union of Marine Insurance (IUMI – www.iumi.com) latest edition of the informative IUMI Eye, published today:   IUMI Eye December 2016 A few of the key stories include: Message from the President Autonomous vessels – a not so remote possibility? New...
December 13th, 2016 | Associations, Communication, Marine Insurance, Press and Media | Read More

Crunch time for shipyards…

Crunch time for shipyards…
Stephen Gordon of Clarksons Research. Crunch time for shipyards, warns Clarksons Research director By James Brewer Ship ordering globally has slowed to a very weak pace, and pressures are building for further yard consolidation and capacity reductions.  This summary of the woes of builders struggling...
October 20th, 2016 | Conferences, Seminars, Forums, Marine Insurance, News, Shipbuilding and Shipyards | Read More

Reduced income and challenges ahead for marine cargo insurance, says IUMI

Reduced income and challenges ahead for marine cargo insurance, says IUMI
Nick Derrick At yesterday’s IUMI marine insurance conference in Genova, Cargo Committee chairman Nick Derrick announced a reduction in global cargo premiums by 9% from 2014 to 2015, the total premium value being US$15.8 billion. He stated a combination of a strong US dollar and falling cargo values...
September 21st, 2016 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

IUMI calls for further industry cooperation to tackle containership fires

IUMI calls for further industry cooperation to tackle containership fires
Uwe-Peter Schieder Two recent onboard containership fires have fueled concerns from IUMI (International Union of Marine Insurance) over the challenges involved with managing these incidents at sea. Uwe-Peter Schieder, Vice Chairman of IUMI’s Loss Prevention Committee explains: “At sea, below-deck...
September 20th, 2016 | Associations, Containers, Events, Conferences,Forums and Symposiums, Marine Insurance, Maritime Accidents, Safety and Security | Read More

Time is running out to file claims against Hanjin Shipping, IUMI conference is told

Time is running out to file claims against Hanjin Shipping, IUMI conference is told
Mike Roderick of Clyde & Co. Time is running out to file claims against Hanjin Shipping, IUMI conference is told By James Brewer Shipowners, charterers, cargo interests, forwarders and other parties have been advised to expedite their claims against stricken Hanjin Shipping. The warning comes...
September 20th, 2016 | Associations, Breaking News, Company Profiles, Container shipping, Containers, Marine Insurance, Markets, Stock Markets | Read More

Pressurised market, risk complexity and digitalisation are three big challenges

Pressurised market, risk complexity and digitalisation are three big challenges
Dieter Berg on final day of IUMI 2015 conference. Photo courtesy GDV. Pressurised market, risk complexity and digitalisation are three big challenges, says IUMI president Dieter Berg By James Brewer Three main topics emerged from deliberations at the 2015 conference of the International Union of Marine...
October 27th, 2015 | Claims, Groundings, IT and Communications, Marine Insurance, Maritime Accidents, Safety and Security | Read More

EU states are making good progress towards agreement on places of refuge for stricken ships…

EU states are making good progress towards agreement on places of refuge for stricken ships…
Dr Lemonia Tsaroucha. EU states are making good progress towards agreement on places of refuge for stricken ships, Lemonia Tsaroucha of European Commission tells IUMI By James Brewer A European Union co-operation group will meet shortly to finalise guidelines for what is hoped to be a more effective...
October 18th, 2015 | Claims, Conferences, Seminars, Forums, Marine Insurance, Maritime Accidents, Salvage, Towage, Wreck Removals | Read More

Tough times ahead for offshore energy insurance

Tough times ahead for offshore energy insurance
Simon Williams Speaking at this year’s IUMI conference in Berlin, Simon Williams, Chairman of IUMI’s offshore energy committee reported continuous growth in the sector with 2015 capacity reaching around USD 7 billion – although he cautioned that USD 5.5 billion was more realistic. “Although...
September 16th, 2015 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Marine cargo underwriting results for 2014 seemingly improved

Marine cargo underwriting results for 2014 seemingly improved
Astrid-Seltmann Marine cargo underwriting results for 2014 seemingly improved, but industry faces significant challenges in 2015, says IUMI  IUMI – the International Union of Marine Insurance – unveiling its annual statistical report on the marine insurance market at today’s conference in Berlin...
September 14th, 2015 | Associations, Marine Insurance, Statistics | Read More