Insurer, Marine and Risk - Insurance Industry Brief

Red Sea Insurance Premium Spikes as Houthi Risks Return

Insurance Journal

JULY 11, 2025

The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and killed sailors this week, underscoring how the attacks have revived risk in the crucial waterway. Shipowners now have to pay …

Risk

Risk Premium Commercial Insurance

Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report

Insurance Journal

JUNE 26, 2025

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsurance capacity in certain business lines could …

Underwriter

Underwriter Underwriting Cyber Risk

Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030

Insurance Journal

MAY 28, 2025

Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end of the decade, its chair told …

Marine

Marine Insured Insurer Insurance

Mideast Ship Insurance Costs Jump Following Iran-Israel Attacks

Insurance Journal

JUNE 19, 2025

The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks for vessels in the area. Underwriters are now charging 0.2% of the value of a ship for calls into the …

Underwriting

Underwriting Underwriter Insurance Insurer

Denmark Plans $1 Billion War Insurance for Merchant Shipping

Insurance Journal

MAY 2, 2025

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding …

Insurance

Insurance Insurer Insured Risk

Mastering Inland Marine Insurance: A Broker’s Guide

Distinguished

MAY 6, 2025

Without inland marine coverage, these businesses would face significant financial losses that standard property insurance doesnt cover. Despite its name, inland marine insurance has nothing to do with boats. What is Inland Marine Insurance? Who Needs Inland Marine Insurance?

Inland Marine Insurance

Inland Marine Insurance Inland Marine Marine Insurance

‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association

Insurance Journal

JANUARY 24, 2025

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” ” Geoeconomics refers to the intersection of geopolitical forces and economic policies.

Insurance

Insurance Insurer Insured Policy

How Much New Risk Can Insurance Customers and Insurers Take?

Majesco

FEBRUARY 13, 2025

Today’s insurance customer is under pressure and assault from every angle: Cyber criminals are using data breaches to access bank accounts and credit. Climate risk is growing, and a greater number of Cat events are threatening people and their property. Risk is growing, shifting, and becoming more complex.

Risk

Risk Insurance Insurer Insured

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

APRIL 11, 2025

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. What is Commercial Property Insurance?

Commercial Property

Commercial Property Property Insurance Commercial Insurance

Crafting Compelling Content for Insurance Agency Websites

Neilson Marketing Services

JANUARY 30, 2025

The digital space is crowded, and insurance agencies are vying for attention in an industry where trust and expertise matter most. A well-crafted insurance agency website is an essential tool for building credibility, attracting potential clients, and converting leads. A one-size-fits-all approach to website content falls flat.

Insurance Agency

Insurance Agency Insurance Insurer Insured

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

MARCH 20, 2025

From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options.

Building

Building Protection Damage Liability

People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms

Insurance Journal

JUNE 18, 2025

Liberty Mutual Insurance Appoints Bhatnagar President, Major Accounts, GRS North America; Fallon Announces Retirement Liberty Mutual Insurance, headquartered in Boston, named Neal Bhatnagar president, major accounts, of Global Risk Solutions (GRS) North America, effective July 7. He will report to …

Risk

Risk Insurer Insured Insurance

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. This coverage is required in most states.

Workers Compensation

Workers Compensation Liability Inland Marine Insurance Property Damage

Dare to Disrupt: InsurTech Insights 2025

Majesco

JUNE 26, 2025

Ready to break the legacy business and technology mold, embrace the change, ignite innovation, and redefine the future of insurance? As a dear InsurTech Influencer, Lisa Wardlow shared with me…insurance operating models were not actually designed, they were inherited, patched, and protected by tradition and habit.

Agents

Agents Risk Policy Injury

Insuring Collectibles in New York

Distinguished

FEBRUARY 10, 2025

As such, Collectibles insurance plays a pivotal role in safeguarding these valuable assets. It covers fine art, sports cards, handbags, and other collections, up to $125 million on a single risk as the primary or excess layer or on a quota-share basis.

Broker-Agent

Broker-Agent Insurance Insurer Insured

What is a Managing General Agent (MGA) in Insurance?

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

Agents

Agents Broker-Agent Broker Underwriting

Sweden to Boost Insurance Checks on Foreign Ships as Worries About Russia Rise

Insurance Journal

JUNE 1, 2025

Sweden said Saturday it will step up insurance checks on foreign ships in a move aimed at tightening controls on Russia’s so-called “shadow fleet ” of aging ships. The government in Stockholm said that, starting July 1, the coast guard …

Insurance

Insurance Insurer Insured Protection

Distinguished Programs Introduces Commercial Surety Division Led by Miguel Ferreira

Distinguished

APRIL 28, 2025

NEW YORK — Distinguished Programs, a national insurance program administrator, has announced the launch of its Commercial Surety division, marking a significant expansion of its Surety program. The division will be backed by American Surety, a wholly owned subsidiary of Core Specialty Insurance Holdings, Inc.,

Commercial

Commercial Inland Marine Building Underwriter

Landlord Insurance: Costs and Coverages in the City

Distinguished

JULY 7, 2025

who need proper landlord insurance to protect the value of their real estate investment. However, not all landlord insurance programs are created equally or are flexible enough to handle the wide variety of rental situations in today’s cities.  What is Landlord Insurance? How Much is Landlord Insurance?

Building

Building Insurance Insurer Insured

Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

JANUARY 27, 2025

Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months. The Security Service said it’s conducting a preliminary investigation into the crime …

Crime

Crime Damage Protection Liability Insurance

Gard: Bulk cargo in jumbo bags – understanding the risks

Insurance Marine News

JULY 30, 2025

Join Us The post Gard: Bulk cargo in jumbo bags – understanding the risks appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Risk

Risk Marine Insured Insurer

Chubb subsidiary no longer insures Gulf Coast LNG project: report

Insurance Marine News

MAY 19, 2025

Join Us The post Chubb subsidiary no longer insures Gulf Coast LNG project: report appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Insurance

Insurance Insurer Insured Marine

CMA CGM will reorganize global fleet to mitigate impact of US port fees on Chinese vessels

Insurance Marine News

MAY 19, 2025

Join Us The post CMA CGM will reorganize global fleet to mitigate impact of US port fees on Chinese vessels appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Southeast Asia adds to European calls for subsea cables to be defended

Insurance Marine News

JUNE 2, 2025

Join Us The post Southeast Asia adds to European calls for subsea cables to be defended appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Skuld says nuclear should be seen as viable ship “fuel” option

Insurance Marine News

MAY 27, 2025

Join Us The post Skuld says nuclear should be seen as viable ship fuel option appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Three Killed in Houthi Attacks on Cargo Ships, One Vessel Sinks in Red Sea

Insurance Journal

JULY 9, 2025

Houthi attacks on cargo ships in the Red Sea killed three crew members, sank one vessel, and left a second without propulsion in signs the Tehran-backed group is once again escalating assaults in the vital trade route. The attacks resulted …

Risk

Risk Marine Insurance Insurer

New rules mandating CCTV in India

Insurance Marine News

MARCH 21, 2025

The post New rules mandating CCTV in India appeared first on Insurance Marine News. The purpose of the new requirements is to improve seafarer welfare, safety, and security by mandating CCTV installation on vessels. The initiative aims to enhance onboard monitoring, prevent accidents.

Marine

Marine Insured Insurer Insurance

Norway’s Okokrim takes charge of marine insurance case

Insurance Marine News

MAY 19, 2025

Join Us The post Norways Okokrim takes charge of marine insurance case appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insurance Insurer Insured

Distinguished Programs Commercial Surety Division Is Now Open For Business

Distinguished

JUNE 25, 2025

NEW YORK — Distinguished Programs, a national insurance program administrator known for its specialty offerings, has officially launched its Commercial Surety division and is now open for business. The division expands Distinguished’s growing Surety program , following the 2024 debut of its Contract Surety unit.

Commercial

Commercial Inland Marine Workers Compensation Broker

Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW

Insurance Marine News

APRIL 22, 2025

Williss global head of natural resources, Rupert Mackenzie, warned that challenges to insurers profitability were increasing. Energy insurers were chasing market share. The post Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW appeared first on Insurance Marine News.

Broker

Broker Marine Insured Insurer

Eternity C and Magic Seas both sunk by Houthis

Insurance Marine News

JULY 9, 2025

Maritime security and risk management firms Ambrey and Diaplous had launched a mission on Wednesday July 9th to evacuate the crew of the bulk carrier Eternity C (IMO 9588249), which was hit by Houthi rebels off Yemen two days ago, reported Reuters, citing sources close to the mission.

Marine

Marine Risk Insured Insurer

Sweden Probe Finds No Conclusive Evidence of Deliberate Damage to Subsea Cables

Insurance Journal

APRIL 16, 2025

A Swedish probe found no conclusive evidence to suggest that a Chinese ship had deliberately dragged its anchor to damage two Baltic Sea cables, Sweden’s Accident Investigation Authority said on Tuesday, though a separate investigation remains under way. The Yi …

Damage

Damage Risk Marine Insurer

Venezuela loses 20% of oil exports after Chevron shipments are cancelled

Insurance Marine News

MAY 6, 2025

Join Us The post Venezuela loses 20% of oil exports after Chevron shipments are cancelled appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Smaller shipowners in danger: Geneva Dry risk workshop

Splash: Finance and Insurance

MAY 6, 2025

It was a standing room during a specialist workshop at the opening day of the second edition of Geneva Dry that saw panellists turn their attention to various aspects of risk management for dry bulk shipowners and operators.

Risk

Risk Marine Insurance Insurer

Distinguished Programs Commercial Surety Division Is Now Open For Business

Distinguished

JUNE 25, 2025

NEW YORK — Distinguished Programs, a national insurance program administrator known for its specialty offerings, has officially launched its Commercial Surety division and is now open for business. The division expands Distinguished’s growing Surety program , following the 2024 debut of its Contract Surety unit.

Commercial

Commercial Inland Marine Workers Compensation Broker

Trump port-fee plan will hurt US, says shipping trade group

Insurance Marine News

MARCH 21, 2025

The post Trump port-fee plan will hurt US, says shipping trade group appeared first on Insurance Marine News.

Commercial

Commercial Damage Marine Insured

Houthis say they hold 10 crew from Eternity C

Insurance Marine News

JULY 29, 2025

Join Us The post Houthis say they hold 10 crew from Eternity C appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Italian activists face trial for migrant sea rescue

Insurance Marine News

JUNE 1, 2025

Join Us The post Italian activists face trial for migrant sea rescue appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Nearly 60 LNG carriers are standing idle, says Clarksons

Insurance Marine News

JUNE 2, 2025

Join Us The post Nearly 60 LNG carriers are standing idle, says Clarksons appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Russia says foreign vessels will need FSB approval to berth at its ports

Insurance Marine News

JULY 21, 2025

Join Us The post Russia says foreign vessels will need FSB approval to berth at its ports appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

EU ETS not being circumvented, says European Commission

Insurance Marine News

MARCH 21, 2025

The post EU ETS not being circumvented, says European Commission appeared first on Insurance Marine News. The EU ETS was extended to include maritime transport from January 1st 2024.The The new report provides.

Marine

Marine Insured Insurer Insurance

Seafarers getting less protection because of sanctions

Insurance Marine News

JULY 28, 2025

Join Us The post Seafarers getting less protection because of sanctions appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Protection

Protection Marine Insured Insurer

EU likely to propose to G7 a lowering of Russian oil price cap to $50 per barrel

Insurance Marine News

MAY 20, 2025

Join Us The post EU likely to propose to G7 a lowering of Russian oil price cap to $50 per barrel appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Number of vessels abandoned keeps rising

Insurance Marine News

JUNE 2, 2025

Join Us The post Number of vessels abandoned keeps rising appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Marine Insured Insurer Insurance

Red Sea Insurance Premium Spikes as Houthi Risks Return

Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report

Trending Sources

Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030

Mideast Ship Insurance Costs Jump Following Iran-Israel Attacks

Denmark Plans $1 Billion War Insurance for Merchant Shipping

Mastering Inland Marine Insurance: A Broker’s Guide

‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association

How Much New Risk Can Insurance Customers and Insurers Take?

A Comprehensive Guide to Understanding Commercial Property Insurance

Crafting Compelling Content for Insurance Agency Websites

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms

Insurance Considerations When Expanding Your Business to a New Location

Dare to Disrupt: InsurTech Insights 2025

Insuring Collectibles in New York

What is a Managing General Agent (MGA) in Insurance?

Sweden to Boost Insurance Checks on Foreign Ships as Worries About Russia Rise

Distinguished Programs Introduces Commercial Surety Division Led by Miguel Ferreira

Landlord Insurance: Costs and Coverages in the City

Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Gard: Bulk cargo in jumbo bags – understanding the risks

Chubb subsidiary no longer insures Gulf Coast LNG project: report

CMA CGM will reorganize global fleet to mitigate impact of US port fees on Chinese vessels

Southeast Asia adds to European calls for subsea cables to be defended

Skuld says nuclear should be seen as viable ship “fuel” option

Three Killed in Houthi Attacks on Cargo Ships, One Vessel Sinks in Red Sea

New rules mandating CCTV in India

Norway’s Okokrim takes charge of marine insurance case

Distinguished Programs Commercial Surety Division Is Now Open For Business

Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW

Eternity C and Magic Seas both sunk by Houthis

Sweden Probe Finds No Conclusive Evidence of Deliberate Damage to Subsea Cables

Venezuela loses 20% of oil exports after Chevron shipments are cancelled

Smaller shipowners in danger: Geneva Dry risk workshop

Distinguished Programs Commercial Surety Division Is Now Open For Business

Trump port-fee plan will hurt US, says shipping trade group

Houthis say they hold 10 crew from Eternity C

Italian activists face trial for migrant sea rescue

Nearly 60 LNG carriers are standing idle, says Clarksons

Russia says foreign vessels will need FSB approval to berth at its ports

EU ETS not being circumvented, says European Commission

Seafarers getting less protection because of sanctions

EU likely to propose to G7 a lowering of Russian oil price cap to $50 per barrel

Number of vessels abandoned keeps rising

Stay Connected