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Position papers 2017

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Position papers 2016

  • Piracy and its suppression - 29 January 2016

    Published January 2017

    Piracy is one of the world’s oldest and most resilient activities, a crime born out of poverty, social inequality and fuelled where the rule of law is weak. For insurers, piracy is a peril they expect to cover and this paper outlines IUMI's current position on the issue.

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  • Catalytic Fines and Engine Damage - 8 March 2016

    Published January 2017

    Cat fines are small particles of metal that are deliberately introduced to 'crack' fuel to improve the efficiency of refining. Unless removed by purification, the cat fines become embedded in engine parts and cause serious and rapid engine damage. This can cause an issue for marine insurers as outlined in this paper.

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  • Offshore Safety Directive - 14 April 2016

    Published January 2017

    IUMI's position on the European Commission's report on liability, compensation and financial security for offshore oil and gas operations, COM (2015) 422 final which focuses on the implementation of Directive 2013/30/EU, the Offshore Safety Directive (OSD)

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Position papers 2015

  • Theft prevention - 15 September 2015

    Published January 2017

    IUMI encourages measures that reduce risk and support risk carriers, and therefore has an interest in preventing theft of cargo carried by road. While much is done by the industry, measures are also necessary from relevant authorities to prevent these losses. This paper focuses on the role of relevant authorities and suggestions for further measures for the prevention of cargo theft

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  • Loss of ship records - 10 September 2015

    Published January 2017

    There is an increasing tendency for the outgoing technical managers to remove all records from the ship when a vessel changes ownership, leaving the incoming crew and management with very little information on the condition of the ship and the machinery. Having assimilated the problem, IUMI and the Joint Hull Committee in London jointly wrote to the International Association of Classification Societies (IACS) with a suggested change to their rules, such that ship maintenance records would be a condition of classification.

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Position papers 2014

  • Trade in Services Agreement (TiSA) - 6 November 2014

    Published January 2017

    IUMI has an interest in the negotiations on the Trade in Services Agreement as it has the potential to improve the conditions for global trade in marine and transport insurance services for those already acting globally as well as those hoping to expand their business beyond the borders of the country of their main establishment.

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