A rapid escalation in pool claims and unsustainable premium rates have led North P&I Club to declare its intention to seek a 10% General Increase in P&I rates for the 2021/22 policy year.

The close collaboration between ABS and the American P&I Club continues to deliver new loss prevention initiatives for the industry.

To provide guests with additional peace of mind as they look towards returning to cruising, Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean, has announced that it will provide complimentary travel insurance for all new, individual bookings made from now through November 30, 2020 for March-June 2021 sailings.

Leading international shipping insurer North P&I Club has launched a new marine risk awareness solution, hosted on its market leading interactive MyGlobeView digital platform.

Speaking at the International Union of Marine Insurance (IUMI) annual conference, IUMI Data and Digitalisation Forum Chair, Patrizia Kern discussed big data, the use of digital technologies, and how the COVID-19 pandemic has put digitalisation on the fast track. 

Although global hull premiums reported at the International Union of Marine Insurance (IUMI) conference this week were stable, Rama Chandran, Chair of the IUMI Ocean Hull Committee was more upbeat.