NorthStandard takes prudent position on P&I premiums with modest renewal increase
NorthStandard has advised Members of a 5% increase in P&I premiums for the marine insurance year, starting 20 February 2026, to reflect ongoing market unpredictability and risk. The global marine insurer projects a rise
NorthStandard appoints new Head of Asia Pacific to drive strategy for growth
LONDON: NorthStandard has announced Michael Hustler as its new Head of Asia Pacific, in an appointment which reinforces the global marine insurer’s focus on growth, service expansion and diversification in the region. With a
NorthStandard makes key appointments to launch new energy sectors
LONDON: NorthStandard has appointed Matt Holmes and Andrew Carter to lead its newly created Upstream Energy and Marine & Energy Liability sectors, expanding the global insurer’s specialty portfolio into significant adjacent markets. Holmes and
Owners of MSC Elsa 3 ship approach Kerala High Court seeking to limit liability on maritime claims arising out of sinkage
CHENNAI : Elsa 3 Maritime Inc., Multi Container Management and MSC Mediterranean Shipping Co. have filed an admiralty suit before the Kerala High Court praying for limitation of liability for maritime claims arising from
NorthStandard bolsters Asian network with new Imabari office in Japan
IMABARI : NorthStandard, a leading global marine insurer, has announced the strategic opening of a new office in Imabari, Japan. The expansion significantly strengthens the club’s presence in Asia and shows its deep commitment
LR becomes first Certifying Authority authorised to certify ROUVs under MCA WBC3 Annex 2
LONDON : Lloyd’s Register (LR) has become the first Certifying Authority to receive authorisation from the UK Maritime and Coastguard Agency (MCA) to certify remotely operated and unmanned vessels (ROUVs) under the Workboat Code
Red Sea insurance soars after deadly Houthi ship attacks
LONDON : The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen’s Houthis attacked and sank two ships, killing at least four seafarers after months
Policybazaar for Business unveils “Enroute” to transform Marine Transit Insurance
NEW DELHI : In a strategic move to empower Indian businesses, Policybazaar for Business (PBFB) has introduced Enroute, a digital platform that slashes the turnaround time for marine transit insurance declarations, certifications, and policy