PIRAEUS, Greece -- Two of Royal Olympia Cruises' protection and indemnity (P&I) insurers said they would terminate their insurance contracts with the troubled cruise company. The line said that its ...
The author asks: "Whether marine insurance for hull losses, cargo, delay, seizure, business interruption, and Protection & Indemnity (P&I) coverage is effective in the first place during war, or ...
Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection – a robust insurance program and a tailored ...
Predictability is a central premise of marine insurance. Insurers rely on information provided by the insured to foresee risks relating to a given marine undertaking. Marine insurance is the oldest ...
The European Union and the United States are now targeting maritime protection and indemnity (P&I) insurance clubs to limit Russian shipping capacity and cap the price of its oil, meaning we’re ...
The European Union and the United States are now targeting maritime protection and indemnity (P&I) insurance clubs to limit Russian shipping capacity and cap the price of its oil, meaning we’re ...
A tanker company has lost its P&I insurance from the American Club because it intends to ship Russian crude above the G7 price cap. The EU and G7 banned maritime transportation services from shipping ...
Construction companies spend countless hours drafting agreements requiring indemnification and insurance for their projects. These obligations are prevalent for all tiers of construction industry ...
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