A windfall worth hundreds of millions of dollars to marine underwriters is being used to keep prices down in other lines, brokers contend

Underwriters’ confidence boosted by enhanced Ukrainian command of waterways and state subsidies to reduce marine insurance premiums

QBE Asia’s head of marine, Rama Chandran, says converting to new fuels and technology will ignite strong growth for the sector

Some 3.3m barrels per day of crude, fuel oil, diesel and gasoline were exported from Russian Baltic ports through the Danish Straits over the past 12 months, with at least 37% of tankers sailing through the region having unknown insurance

Russian insurance giant insists it operates ‘in strict compliance with all applicable legislation and follows all due compliance procedures’

New $50m reinsurance facility will enable US International Development Finance Corporation to reinsure war-related risks and advance insurance capacity in Ukraine

The new wording intends to address confusion caused by ‘rapid amendments’ driven by legislative changes

Russian insurer providing cover for crude exports insists it is fully compliant with sanctions

Without a robust insurance market, robust investment is not possible, US special representative for Ukraine’s economic recovery says

Lloyd’s insurer will stay course even where rivals pull out after reinsurance jitters, its director of marine says

Markel-backed facility covers marine cargo and war-on-land risks

Frameworks are being developed to encourage insurers to provide coverage for Ukranian risks, but more needs to be done