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Message from the President: Instability and no change

Marine insurers have long been concerned and cautious about international trade patterns. The latest March 2024 UNCTAD report shows a slow but...

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IACS-IUMI technical meeting strengthens collaboration on issues of common interest

An annual meeting between IUMI representatives and IACS Panel chairs and management was held on 13 May in London....

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How can liability and compensation regimes adapt to alternative fuels and cargoes?

The world economy is transitioning, with industries across the board seeking to...

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Evolution of deceptive shipping practices — disabling/manipulating AIS

The tactics employed in subterfuge shipping activities are continuously evolving to try and stay ahead. Although many of the...

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When cargo claims go bananas

Recently we were involved in a case involving the transportation of bananas from Ecuador to the USA and this sheds light on the challenges faced and the innovative...

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Enhanced integration for the IUMI Data & Digitalisation Forum

Our Data and Digitalisation Forum was created a few years ago to reflect the growing importance of these new technologies to marine...

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Masterclass Cargo Insurance: Registration for October 2024 now open

Registration for our next Masterclass Cargo Insurance is now open. The course will take place in London from 15-18 October 2024...

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ICC Digital Standards Initiative: Standards for cargo insurance certificates

As we are aware, cargo insurance certificates are one of the key trade documents that are exchanged...

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Global supply chain disruption: Uncharted waters for marine insurers

Today, supply chains are facing challenges which are unprecedented. These include unwarranted accumulation at ports, political...

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Navigating the Evolving Threats in Commercial Maritime Traffic

At the recent Delphi Economic Forum, Greece’s premier financial conference, I had the honour of participating in a critical panel...

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Mitigating risks of extreme overwidth cargo on flatracks

As part of our mission, National Cargo Bureau (NCB) conducts thousands of surveys related to the stowage and securing of cargoes on flatracks...

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Adjusting to the new volatile Connected Risk landscape

Nearly every major trade route across the world has been or is at risk of being disrupted.  Turbulence in the Red Sea has dominated the...

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Legal detention for illegal anchoring: fortuity and coverage for the consequences of a choice

The English Commercial Court has held that the "illegal parking" of bulk carrier ...

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Updating the LOF contract

Lloyd's Open Form (LOF) salvage contract continues to evolve alongside advancements in technology and the changing landscape of the maritime industry. Salvage...

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The rise of protectionism - again?

Once again, we have a concern of protectionism rising in international trade. Being marine insurers, our primary interest is in free trade and IUMI has long been...

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Report from the Legal Committee (LEG 111)

The Legal Committee deals with all legal matters within the scope of IMO, including issues relating to liability and compensation, fair treatment of...

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Report on the Maritime Safety Committee (MSC 108)

The 108th session of the Maritime Safety Committee took place in London from 15-24 May 2024. IUMI used the...

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IUMI in Morocco April 2024

The Casablanca Annual Insurance Conference was organised by Federation Marocaine des Assurances this year for two days in April with the common theme “Insurance in a...

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Welcome to two new IUMI Professional Partners

We are delighted to welcome two new Professional Partners into the IUMI family and they are:  Kennedys  Kennedys has a focus on insurance...

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Asia Forum 2024

The Hong Kong Federation of Insurers (HKFI) – the IUMI Asia Hub – hosted a highly successful IUMI Asia Forum on 5 June at the New World Millennium Hong Kong Hotel...

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IUMI Spring Meeting 2024

As is tradition, this year’s IUMI Spring Meeting took place in Hamburg in April. It was an opportunity for all Technical Committee and Forum members, together with...

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WMU at IUMI

In late May, we were delighted to welcome the World Maritime University’s 2024 Class of Maritime Law & Policy to our Hamburg office led by Dr Henning Jessen and Dr Khanssa...

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The impact of legal nexus points on forum choices for maritime conflicts

The international reach and strategic importance of maritime law requires proficient management of forum shopping and...

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Closing the skills gap: Addressing underwriter recruitment challenges in marine insurance

It is estimated that 35% of current marine underwriters in the market are set to retire in the next five...

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Mind the Trap – where Co-Insurance in P&I may have its adverse Effects

Mind the gap between the train and the platform – anyone who has visited London knows this announcement in the London...

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Podcasts

Insurance implications of the Baltimore Bridge incident  In this podcast we are joined by John Woods, a Partner with Clyde & Co in New York and Alex Mican, Head of Global Strategy...

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SIMI & IUMI

On 31 May the Shanghai Institute of Marine Insurance (SIMI) held a conference titled “Openness, Cooperation and the Future - SIMI and IUMI”.  Sean Dalton, Vice President...

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Accumulations - the hidden risk

Accumulations have long been a menace for the portfolios of transport insurers worldwide and climate change is now making this issue more relevant than ever before....

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Monique joins the IUMI team

We are delighted to welcome Monique Kleinschmidt who has recently joined the Secretariat in Hamburg. Monique’s role is to assist the team with our learning...

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