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Press Coverage IUMI 2016

Potential accumulation losses threatening the financial stability of insurance companies (Sept 23, 2016)

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility (Sept 21, 2016)

Reduced income and challenges ahead for marine cargo insurance (Sept 21, 2016)

IUMI calls for further industry cooperation to tackle containership fires (Sept 20, 2016)

Global ocean hull premiums down in 2015 and sector faces increasing volatility and risk (Sept 20, 2016)

Global marine underwriting premiums down by 10.5%; continued uncertainty lies ahead, warns IUMI (Sept 19, 2016)

IUMI’s education programme receives boost from Hong Kong Federation of Insurers (Sept 19, 2016)

For the 2015 Global Marine Statistics click here

For Speakers' Presentations click here

 

 

Political Forum

Current Issues
 
 
 
 
 
 
 
 

 

Salvage Forum

Current Issues
 
2016 version of the York-Antwerp Rules is available here at the CMI website
 
Various versions of the York-Antwerp Rules can be found here at the CMI website
 
A comparison of the various York-Antwerp Rules is available here.  
 
Update on the reform of the YAR August 2015
 

News:

2016 

Forthcoming Webinars

  • Tuesday, October 4, 2016: "HanjinShipping insolvency - an update" with Mike Roderick, Partner at Clyde & Co. Click HERE to register. 
  • Thursday, October 6, 2016: "2016 York Antwerp Rules" with Ben Browne, Partner at Thomas Cooper LLP. Click HERE to register.  
  • Thursday, November 3, 2016: "Paris MoU and Port State Control". More information and registration to follow soon. 

To view the recordings and slides of past webinars, check out the seminar section of our website! 

  

New U.S. Law Raises the Bar for Safely Transporting Food

The FDA Food Safety Modernization Act of 2010 (FSMA), signed into law in January 2011, sets the standards for the sanitary transportation of human and animal food to help prevent contamination during transit in the United States. It is anticipated that the FSMA will be implemented by the U.S. Food & Drug Administration (FDA) in 2017 to strengthen the food safety system and protect public health. This federal law will also have implications on the global food supply chain, the importers and exporters involved in this trade, and, by extension, their insurers. This article by Barry Tarnef, Vice President and Senior Risk Marine Specialist, Chubb and member of the IUMI Loss Prevention Technical Committee, is intended to address issues presented by the FSMA from an insurance loss control perspective.

Click here to read the full article. 

 

IUMI welcomes new Container Weighing Directive

Press Release, 23rd May 2016

Position paper on EU Offshore Safety Directive

Position Paper of the International Union of Marine Insurance (IUMI) on the Offshore Safety Directive May 2016

IUMI welcomes revised York-Antwerp Rules

Press Release, 9th May 2016  

 

Ships in Need of Assistance seeking a Place of Refuge

Against the background of past maritime accidents in European waters, the VTMIS Directive includes a number of provisions concerning ships in need of assistance seeking a place of refuge. The Directive builds on the IMO-Guidelines on places of refuge, and establishes obligations for the different parties involved in such incidents.

In the aftermath of the MSC Flaminia incident, an expert group on EU level was established in 2013 under the chairmanship of the Commission comprising all EU Member States. This group developed EU Operational Guidelines to complement national plans and apply to situations where it is likely that more than one State may become involved, or where the incident falls outside the jurisdiction of any Member State.

The EU Operational Guidelines were drafted in a common effort including EU Member States, and several industry stakeholders including IUMI, with the support of the Commission and EMSA. They aim at a robust operational process leading to well-advised and, where possible, quicker decision making. At the same time, they should contribute to promoting positive attitudes – within Governments, authorities, and the industry – for the purposes of Places of Refuge. The final guidelines were published in January 2016 and can be found here. To underline the cooperation between EU member states and maritime industry stakeholders a Joint Declaration of EU and industry stakeholders including IUMI was published on 27 January 2016 and can be found here.

 

2015

Press during IUMI 2015 Conference in Berlin

IUMI calls for retention of vessel records on change of ownership

Press release, 10th September 2015

Tianjin explosion highlights growth of accumulation risks

Press release, 17th August 2015

IUMI 2015 asks if current business drivers are creating a new standard for marine insurance

Press release, 23rd July 2015

IUMI President raises concerns for marine insurance

Press release, 14th May 2015

IUMI Spring Statistics now available

Press release, 31st March 2015; Spring statistics report a continued reduction in total losses

IUMI announces common theme for 2015 conference

Press release, 28th January 2015

IUMI appoints Navigate PR as Public Relations and Communications advisor

Press release, 15th January 2015

 

2014

IUMI update on the CMI Reform of the York Antwerp Rules - Article by Ben Browne, Thomas Cooper LLP, London

Update on the Reform of the York-Antwerp Rules

IUMI responds to the European Commission Consultation on the Insurance Block Exemption Regulation (IBER) 

Response, November 2014

IUMI takes position on the Trade in Services Agreement (TiSA)

Release, October 2014

IUMI supports the International Salvage Union's commitment to insurers 

Release, 2 October 2014

IUMI Council approves new IUMI Articles of Association

Release, September 2014

IUMI celebrates 140th anniversary with Hong Kong conference

Press Release, 9 September 2014

IUMI 2014 Conference in Hong Kong ideal venue to discuss market issues

 
IUMI Spring Statistics 2014 are now available:
Maritime Maisie brings sharp focus to Shipowners', Salvadors' and Insurers' campaign to urge governments to adopt IMO Places of Refuge Guidelines
 
Gooding to take on IMO role for IUMI

 

EU Recognized Organisations - Mutual Recognition
Implementation of Regulation (EU) 391/2009
 
General Review of the York Antwerp Rules on General Average
CMI Questionnaire - Response of the International Union of Marine Insurance IUMI
Marine Market Future on agenda at annual conference
 
Major Speakers unveiled as IUMI heads for London
 
IUMI endorses the report regarding the examination of Flexitanks 
 
IUMI supports effort to establish "Arctic Marine Best Practice Declaration"
A voluntary"Arctic Marine Best Practice Declaration" for marine operations in the Arctic has been issued.
IUMI has declared its support and fully endorses the idea behind the Declaration.
 
IUMI Spring Statistics Released
 
IUMI calls for greater access to inspection Data - Paris Memorandum of Understanding on Port State Control (Paris MoU)
 

Articles of Association


Adverstisement on our website


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