Spike in enquiries for tanker political violence cover in the Gulf - Reuters

Jan 23 2020


Reuters reports insurance brokers saying there has been a spike in enquiries from tanker operators for political violence cover in the Gulf.

“Enquiries have doubled since tanker attacks last summer, so over a period of six months or so,” Gaurav Bhatnagar, managing director and head of Marsh JLT Specialty for the Middle East and Africa, told Reuters on Wednesday.

 

Reuters article


Related News

North P&I and Standard Club announce merger plan to create new global marine insurance force

(Mar 17 2022)

Combination would establish a global marine insurer positioned to thrive in the face of current and emerging challenges and opportunities posed by digitalisation, recruitment, regulation and sustainability.



IUMI insurance update – losses, seafarers, carbon

(Feb 07 2022)

The International Union of Marine Insurance (IUMI) provided an update on important issues to tanker operators relating to insurance, including trends in loss rates, seafarer issues and decarbonisation, following its September 2021 annual event.



North P&I Club seeks 15% premium on P&I rates

(Nov 18 2021)

Describing 2021 as “one of the most challenging years on record”, North P&I Club’s latest Pre-Renewal Report, published today, calls for “robust action” in the form of increasing mutual P&I rates at the forthcoming renewal to confront the challenge o...



IUMI – how tanker insurance is changing

(Jul 09 2021)

The International Union of Marine Insurance (IUMI) provided an update on issues affecting marine insurance in new ways over 2020, with some elements specific to tankers, discussing changes to tanker usage affecting risks, cybersecurity, climate chang...



IUMI publishes initial findings from its major claims database

(Sep 17 2020)

During this year’s annual International Union of Marine Insurance (IUMI) conference, initial findings from IUMI’s major claims database were made available for the first time.



Aug-Sept 2023

Tanker Operator Athens report - what MEPC80 means for tankers - commercial opportunities with FuelEU Maritime