Cargo values may change due to inflation, increased raw material costs or changes in product prices. However, businesses often mistakenly opt to renew with an outdated cargo value, leading to ...

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 ...

Explore the top 10 risks covered under marine insurance, from fire and collisions to piracy and natural calamities, with the ...

Risk managers should be alert to the impact of war on seaborne transit, International Union of Marine Insurance president argues War has been a headache for shipping in the Red Sea but risk managers ...

Monsoon rains, flooding and rough seas pose significant risks to cargo transportation in India, causing shipment delays and ...

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 ...

Stanbic IBTC Insurance Brokers is set to sensitise business owners to the importance of marine and goods-in-transit insurance policies. In a statement on Saturday, the firm said that the webinar comes ...