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Tag: Marine Insurance

The big leak: How trade sanctions on Russia are failing
Western sanctions on Russian oil have had unexpected consequences for insurance of crude oil tankers, here’s how. A recent investigation and documents leaked to Financial Times and Danish investigative journalism
The Art of Crisis prevention: Martime Security in the Red Sea & Gulf of Aden
The Red Sea shipping crisis

By: Insurancepe January 22, 2024

What is the Red Sea shipping route? The Red Sea is a crucial route for container shipping and international commerce. Being the fastest route between Europe and Asia, nearly 15%
Marine Insurance and Merchant Shipping

By: Insurancepe October 12, 2023

The seas have been a crucial means of trade since times immemorial, hence it would be no surprise that insurance, in one of its earliest forms, originated as marine insurance.
World Ocean Day 2023

By: Insurancepe June 21, 2023

World Ocean Day reminds every one of the major role the oceans have in everyday life. They are a critical part of the biosphere and a major source of food
1936 Movie – Lloyd’s of London

By: Insurancepe June 13, 2022

Many of us, including insurance professionals are clueless when it comes to the ‘Lloyds of London’. Lloyd’s is the world’s leading insurance and reinsurance marketplace. Their philosophy is ‘sharing risk
THE SINKING OF AL SALMY 6

By: Insurancepe March 24, 2022

AL SALMY 6 a roll-on/roll-off (RoRo) vehicle carrier belonging to Dubai-based Salem Al Makrani Cargo Company of UAE capsized and later sank in the Persian Gulf about 30 miles from
THE EARLIEST INSURANCE CONTRACT

By: Insurancepe March 24, 2022

Although the concept of insurance can be traced back to ancient civilizations, the first known insurance contract was signed in 1343, 679 years ago, in Genoa, Italy. This marine contract