Posts Tagged ‘IUMI’

Munich Re hires a lively crew to entertain marine insurance community sea-shanty style

Munich Re hires a lively crew to entertain marine insurance community sea-shanty style
Members of Shanty-Chor Berlin. Munich Re hires a lively crew to entertain marine insurance community sea-shanty style,  By James Brewer Sea shanties are alive and well and living, among other cities, in Berlin! Executives of the mighty Munich Re insurance and reinsurance group harboured a musical surprise...
October 30th, 2015 | Associations, Conferences, Seminars, Forums, Events, Marine Insurance, People and Places | Read More

Berlin’s extraordinary history is summoned up at venues for the social highlights of IUMI

Berlin’s extraordinary history is summoned up at venues for the social highlights of IUMI
Reception at Deutsches Historisches Museum. Berlin’s extraordinary history is summoned up at venues for the social highlights of IUMI By James Brewer Marine underwriters and their guests were invited to two Berlin venues steeped in history, for the main social events of the 2015 conference of the International...
October 28th, 2015 | Associations, Events, Marine Insurance, People and Places | Read More

How soon will ships sailing without a crew be a reality?

How soon will ships sailing without a crew be a reality?
DNV GL’s ReVolt crewless ship concept How soon will ships sailing without a crew be a reality? Insurers offer a view during IUMI conference By James Brewer Unmanned merchant ships could begin sailing the seas in the next decade or so, according to the opinion of many professionals in the marine...
October 25th, 2015 | Conferences, Seminars, Forums, HR, Insight, Marine Insurance, News, Shipbuilding and Shipyards, Story of the Day, Technical, Technology | Read More

Climate change threatens to wreak havoc on stored cargo and on marine infrastructure

Climate change threatens to wreak havoc on stored cargo and on marine infrastructure
IUMI loss prevention committee chairman David Taylor and speakers’ panel. Climate change threatens to wreak havoc on stored cargo and on marine infrastructure, experts warn at IUMI gathering By James Brewer Loss potentials have reached new dimensions as natural catastrophes increase dramatically in...
October 21st, 2015 | Claims, Climate, Conferences, Seminars, Forums, Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Insurance and Reinsurance, Marine Insurance, Maritime Accidents, News, Oceanology, Ports & Terminals, Safety and Security | Read More

Industry needs to probe more deeply into causes of costly machinery damage on ships…

Industry needs to probe more deeply into causes of costly machinery damage on ships…
John Walker of Braemar Industry needs to probe more deeply into causes of costly machinery damage on ships, Braemar’s top surveyor tells IUMI By James Brewer Root cause investigations could help reduce the soaring cost of machinery damage incidents on ships, a top marine engineer has told the International...
October 21st, 2015 | Associations, Conferences, Seminars, Forums, Marine Insurance | Read More

Cargo scams are on the rise in Europe…

Cargo scams are on the rise in Europe…
Wim Dekeyser. Cargo scams are on the rise in Europe as criminals cash in on transport industry woes, IUMI audience is warned  By James Brewer Europe’s leading economies are among countries plagued by huge amounts of cargo theft – some of it carried out via freight exchange websites and some facilitated...
October 11th, 2015 | Associations, Bribery and Corruption, Claims, Corruption, Disputes, Insurance and Reinsurance, Marine Insurance, Maritime Fraud | Read More

Agnes Choi and Colin Sprott take on prestigious roles at IUMI

Agnes Choi and Colin Sprott take on prestigious roles at IUMI
Agnes Choi. Agnes Choi and Colin Sprott take on prestigious roles at IUMI  By James Brewer Two new executive committee vice-chairmen have been selected by the International Union of Marine Insurance. The choice of Agnes Choi of Hong Kong and Colin Sprott of Lloyd’s was unanimously backed by the IUMI...
October 6th, 2015 | Marine Insurance, News, Person Profiles | Read More

Looking after giant marine projects…

Looking after giant marine projects…
The FLNG Shell Prelude. Looking after giant marine projects: insurers are told by IUMI of need for care in coverage of massive ocean installations By James Brewer The world’s two biggest offshore energy installations which are being readied for production symbolise the new realities in the insurance...
October 4th, 2015 | Arctic Shipping, Comment, Conferences, Seminars, Forums, Energy, Environment, Events, Gas, Insight, LNG, Marine Insurance, Markets, News, Oil Industry | Read More

IUMI is helping marine insurance sector grapple with coverage challenges such as huge ships

IUMI is helping marine insurance sector grapple with coverage challenges such as huge ships
Stephen Barr of Marketform. IUMI is helping marine insurance sector grapple with coverage challenges such as huge ships, says Stephen Barr of Lloyd’s managing agency Marketform By James Brewer Lloyd’s underwriter Stephen Barr sees the marine insurance market as facing challenges on many fronts. These...
October 3rd, 2015 | Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

IUMI is lauded for helping frame safer practice for ships at the ‘ice edge’

IUMI is lauded for helping frame safer practice for ships at the ‘ice edge’
Michael Kingston IUMI is lauded for helping frame safer practice for ships at the ‘ice edge’,  By James Brewer Insurance industry leaders have won praise for their work in helping finalise a Polar Code for merchant shipping and in drawing up what will be a supporting ‘ice regime’ to ensure vessels...
September 22nd, 2015 | Arctic Shipping, Conferences, Seminars, Forums, Marine Insurance | Read More

IUMI conference raises concerns over “mutual recognition”

Concerns were raised today by marine insurers at IUMI’s annual conference in Berlin over the potential impact of “mutual recognition” by classification societies acting as EU Recognised Organisations (ROs). Classification societies can be individually approved by EU flag states to operate as EU...
September 15th, 2015 | Associations, Marine Insurance | Read More

Large losses impacting on marine cargo insurance market, says IUMI

Large losses impacting on marine cargo insurance market, says IUMI
Nick Derrick Speaking at this year’s IUMI annual conference in Berlin, Nick Derrick, Chairman of IUMI’s Cargo Committee warned that large cargo losses were having a significant impact on the marine insurance sector. The recent incident at the port of Tianjin should, according to Derrick, serve as...
September 15th, 2015 | Marine Insurance | Read More

Marine insurance market faces massive accumulation losses, IUMI conference is warned in Berlin

Marine insurance market faces massive accumulation losses, IUMI conference is warned in Berlin
Brandenburg Gate © visitBerlin. Photo Wolfgang Scholvien. Strong warnings about the unforeseen accumulation of multi-million dollar insured losses from maritime-related casualties were issued as the International Union of Marine Insurance conference 2015 got underway in Berlin. One of the worst...
September 13th, 2015 | Marine Insurance | Read More

IUMI Eye September 2015

IUMI Eye September 2015
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: http://www.iumi.com/images/gillian/IUMI_Eye/IUMI_Sep_15_final.pdf A few of the key stories include: – Message from the President –...
September 7th, 2015 | Associations, Marine Insurance, Press and Media | Read More

Tianjin explosion highlights growth of accumulation risks

Tianjin explosion highlights growth of accumulation risks
Dieter Berg The recent catastrophe at the port of Tianjin in China resulted in the loss of at least 100 lives and many more people are still missing. It is far too early to speculate on the cause but the explosions left extensive physical damage as well as the appalling loss of life. Accumulation risks...
August 17th, 2015 | Associations, Insurance and Reinsurance, Marine Insurance | Read More

IUMI 2015 asks if current business drivers are creating a new standard for marine insurance

IUMI 2015 asks if current business drivers are creating a new standard for marine insurance
The marine insurance sector is changing and new business drivers are fast impacting on the way the market operates. Key influencers will be identified and debated at IUMI’s most important event of the year, the 2015 Annual Conference in Berlin, 13-16 September, under the theme: “Technical, Financial...
July 23rd, 2015 | Events, Conferences,Forums and Symposiums, Marine Insurance, Technical, Technology | Read More

Marine insurance market is sharpening its focus on cyber attack risk…

Marine insurance market is sharpening its focus on cyber attack risk…
Nicholas Gooding Marine insurance market is sharpening its focus on cyber attack risk, says IUMI representative Nick Gooding,  By James Brewer Marine insurers are striving to establish better ways of providing cover for their shipping clients against the risks of cyber attacks. The peril is seen as...
May 25th, 2015 | Associations, Insurance and Reinsurance, IT and Communications, Marine Insurance, Maritime Fraud, Safety and Security | Read More

Car carrier casualties prompt increased concerns among IUMI leadership

Car carrier casualties prompt increased concerns among IUMI leadership
Dieter Berg Car carrier casualties prompt increased concerns among IUMI leadership By James Brewer Marine insurers are sharpening their focus on the safety and stability of pure car carriers after the Hoegh Osakagrounding in January 2015 underlined that a casualty of the kind could cause a $100m loss. With...
February 2nd, 2015 | Associations, Car trade, Conferences, Seminars, Forums, Marine Insurance, Maritime Accidents, Markets, News | Read More

IUMI announces common theme for 2015 conference – “is there a new normal?”

IUMI announces common theme for 2015 conference – “is there a new normal?”
Dieter Berg Following its Winter Meeting in London yesterday the International Union of Marine Insurance (IUMI) announces its common theme for 2015 conference in Berlin (13th – 16th September):  “Technical, Financial & Human Factors – is there a new normal?” Recently appointed IUMI President,...
January 28th, 2015 | Associations, Insurance and Reinsurance, Marine Insurance | Read More

The International Union of Marine Insurance (IUMI) appoints Navigate PR

The International Union of Marine Insurance (IUMI) appoints Navigate PR
It is with great pleasure we announce that Navigate PR has been appointed as PR and communications advisors to the International Union of Marine Insurance (IUMI). Navigate PR is a leading communications agency based in London which specialises in the shipping sector. The company was founded in 2004 in...
January 15th, 2015 | Company Profiles, HR | Read More

Cyber Risks in Marine and Offshore Energy…

Cyber Risks in Marine and Offshore Energy…
Hong Kong: IUMI conference venue. Cyber Risks in Marine and Offshore Energy: Munich Re consultant Markus Wähler warns of growing dangers,  By James Brewer Every ship has a ‘back door’ vulnerable to cyber attacks – its communication lines. A successful attack on a ship is currently of low probability,...
December 19th, 2014 | Insight, IT and Communications, Marine Insurance | Read More

The new Silk Road

The new Silk Road
David Brice The new Silk Road: China-Europe landbridge is a challenge to sea trade, says rail expert David Brice By James Brewer China wants to triple its rail freight traffic with Europe over the next 20 years, eating into a trade that is dominated by shipping. At present only 2% of imports and exports...
December 17th, 2014 | Associations, Conferences, Seminars, Forums, Marine Insurance, Markets, Trade and Commerce | Read More

American P&I Club executive John Wilson warns that containerised dangerous cargoes undeclared pose catastrophic threat

American P&I Club executive John Wilson warns that containerised dangerous cargoes undeclared pose catastrophic threat
John Wilson American P&I Club executive John Wilson warns that containerised dangerous cargoes undeclared pose catastrophic threat,  by James Brewer Governments should consider implementing tougher measures to clamp down on the practice of misdeclaring dangerous goods shipped by sea, American P&I...
December 12th, 2014 | Associations, Containers, Insurance and Reinsurance, Marine Insurance, News, P and I Clubs | Read More

Shipyard risks described to IUMI as Asia-Pacific expertise builds in offshore construction

Shipyard risks described to IUMI as Asia-Pacific expertise builds in offshore construction
Samsung Heavy Industries newbuilding success: FPSO Bonga Shipyard risks described to IUMI as Asia-Pacific expertise builds in offshore construction,  By James Brewer A call for a closer look at the huge shipyard risks associated with giant energy construction projects has been made by two of the leading...
November 30th, 2014 | Associations, Conferences, Seminars, Forums, Drill ships, Energy, Insurance and Reinsurance, Marine Insurance, Shipbuilding and Shipyards | Read More

Seven obstacles persist to providing places of refuge for stricken ships…

Seven obstacles persist to providing places of refuge for stricken ships…
Underwriters from around the globe in session at IUMI. Seven obstacles persist to providing places of refuge for stricken ships, P&I expert tells IUMI,  By James Brewer Big challenges remain in encouraging countries to offer a place of refuge for distressed ships, the International Union of Marine...
October 25th, 2014 | Associations, Conferences, Seminars, Forums, Environment, Marine Insurance, Maritime Accidents, P and I Clubs, Safety and Security | Read More