War Risk Cover Stays Open but Insurers Tighten Grip as Vessels Reroute Around Red Sea and Persian Gulf
IUMI warns war risk cover for the RedSea and PersianGulf tightens to single voyage terms as operators reroute vessels and…
IUMI’s 2024 Marine Insurance Report Highlights Growth Amid Industry Challenges
IUMI’s 2024 "Stats Report" reveals significant growth in global marine insurance, driven by increased trade, vessel values, and oil prices,…
IUMI Issues Best Practice Recommendations on the Use of Flexitanks
The International Union of Marine Insurance (IUMI) has published best practice guidelines for the safe use of flexitanks to transport…
Marine Insurance Faces Changing Landscape, Warns IUMI President
IUMI President Frédéric Denèfle warns of significant challenges ahead for the marine insurance industry, driven by geopolitical tensions, evolving global…
IUMI’s Analysis Reveals Positive Trends in Marine Insurance, but Challenges Loom
The International Union of Marine Insurance (IUMI) delivered a promising outlook for marine underwriters at its annual conference. The global…
IUMI Releases Guidelines for Safe Carriage of Electric Vehicles
The International Union of Marine Insurance (IUMI) has taken a proactive stance to address concerns within the maritime and shipping…