IUMI Eye Newsletter December 2019

Message from the President: A time for reflection

This is the first IUMI Eye to be published after the recent conference in Toronto and I hope that, like me, those of you who were able to attend...

Gard conference invites container fires experts to join forces

Key stakeholders from across the industry met at Gard’s headquarters in Arendal, Norway, on 17-18 October to discuss prevention...

Report of the 6th session of the Sub-Committee on Carriage of Cargoes and Containers

The 6th session of the Sub-Committee on Carriage of Cargoes and Containers (CCC 6) met...

2019 IUMI statistics: Some uptick in global marine premiums, but major losses return and geopolitical risks render future outlook uncertain

The Facts and Figures workshop at the 2019 IUMI conference...

Change of Ownership of Offshore Assets: Issues for Insurers

The offshore energy sector is experiencing a trend of increasing asset divestment driven by industry consolidation, maturing assets and...

IUMI participation in UNEP PSI consultation on the ESG guide

The growing importance attached to questions related to sustainability has impacted most industries. Marine insurance is no exception and...

The puck was dropped and what a game it was

This year Toronto, or better said Toronno, was the beautiful location for the IUMI annual conference which was a huge success. The third conference to be...

Regulatory framework for AIS: ‘Going dark’ and switching off

The Automated Identification System (AIS) is a radio system which enables the exchange of navigation and other data ship to ship and...

Save the date – IUMI Asia Forum

Preparations have already begun for the IUMI Asia Forum 2020, set to take place on 10-11 June 2020 in Kuala Lumpur. Under the theme “Navigating Sea Change...

Update on the major claims database

The Major Claims Database project made significant progress during 2019. Thanks to the considerable help from many member associations, we were able to collect...

How Predictive Pricing Can Enhance Marine Insurance Market Performance

Digitisation is one of the most influential transformations taking place within insurance today. Big data analytics and insight...

The Age of AI (Artificial Intelligence) Analytics

Adoption of analytics by marine insurers reached a tipping point in 2019. At Windward, we’ve experienced a surge in adoption; by the end of...

Road cargo theft in Latin America

The Latin American Association of Marine Underwriters – ALSUM – undertook a research study to identify the most common features of cargo theft in Latin...

IUMI Cargo Committee 2019 Country Reports

We are pleased to announce the publication of the 2019 Cargo Country Report - a collaborative work produced by the IUMI Cargo Committee. The report brings...

Global Maritime Issues Monitor 2019 – biggest issues on decision-makers’ agenda

The Global Maritime Forum, Marsh JLT Speciality and IUMI recently published the second...

IUMI and ALSUM strengthen their partnership

Earlier this year IUMI and ALSUM announced their official cooperation with IUMI granting ALSUM affiliate membership and vice versa. ALSUM is the Latin...