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Message from the President: A keen eye on the environment

The first IUMI Eye of 2020 allows me the opportunity to wish our readers happiness and prosperity as we enter not just a fresh year, but a...

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IUMI expands horizons to include ESG

A recent McKinsey survey shows that a growing number of executives believe sustainability programmes make a positive contribution to their companies’...

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Fires on containerships: Bringing regulations up to speed

Major fires on container vessels count among the worst hazards of the global shipping industry. Names such as Hanjin Pennsylvania...

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Coronavirus: Impact on marine insurance

There is much in the press about the economic impact of the Coronavirus (CoVid19) outbreak on tourism and supply chain/trade disruption with China. The...

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EU Revision of Non-Financial Reporting Directive

In line with the newly launched European Green Deal, the European Commission is currently conducting a public consultation on the Non-Financial...

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Summary of the 7th session of the Sub-Committee on Ship Design and Construction (SDC 7)

The 7th session of the Sub-Committee on Ship Design and Construction (SDC 7) met from 3-7 February 2020 at the...

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Tensions in the Middle East

The US continues its policy of maximum pressure aimed at preventing Iran from possessing nuclear weapons. Iran, for its part, continues to act in careful defiance of the...

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IUMI becomes Principles for Sustainable Insurance (PSI) Supporting Institution

During the 2020 Winter Meeting in London IUMI’s Executive Committee approved the application for IUMI to become a...

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Marine Cargo Insurance - Cyber Update

Cyber represents a growing concern among cargo insurers. Due to the connectivity of IT networks, cyber signifies an enormous accumulation scenario which is not...

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Summary of the 7th session of the Sub-Committee on Pollution Prevention and Response (PPR 7)

The 7th session of the Sub-Committee on Pollution Prevention and Response (PPR 7) met from 17-21 February...

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An update on the sociopolitical situation in Latin America

Some political analysts have named 2019 as the “Latin American Spring” because of the high number of demonstrations and social...

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Q&A with Xavier Pazmiño

In a nutshell, how would you describe the main role of ALSUM (the Latin American Association of Marine Underwriters)? The main role of ALSUM is to promote, facilitate and...

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The risks posed by Lithium-ion batteries

Lithium-ion batteries are increasingly being installed on board commercial seagoing vessels. Whilst the ferry and passenger sector has been the fastest to...

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Marine insurance data maturity survey 2020

During the IUMI annual conference in Toronto 2019, the following question was posed to the audience: ‘Digitalization/use of data – what is the...

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Damage potential to cargo from natural catastrophes

When it comes to understanding natural disaster risk to cargo, the first essential step is knowing the product location and how it’s stored....

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IUMI welcomes TGIA as new associate member

We are delighted to welcome the Thai General Insurance Association (TGIA) to the IUMI family as a new associate member. TGIA was established in 1967 and...

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Welcome to IUMI!

We are delighted to welcome 15 new members to IUMI’s Technical Committees (TCs). We had a number of very capable applicants for the vacant seats on the seven committees. The...

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Successful IUMI online hull and cargo tutorial examination candidates

We are pleased to announce the students who have passed our online hull and cargo exams since they were launched in 2018. The...

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ANNOUNCEMENT REGARDING THE IUMI ASIA FORUM

After careful deliberation it is with great regret that we must inform you that due to the current global COVID-19 situation the PIAM-IUMI Asia Forum 2020...

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