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Brit pulls out of marine liability

Re/insurer Brit is reported to be planning to pull out of the marine liability sector. Only last month it became known that Brit had withdrawn from the space market.

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Red Sea attacks see war risk insurance rates edge higher

War risk insurance premiums were raised slightly on Monday December 4th after three commercial vessels were attacked in the area on Sunday, reported Reuters, citing unnamed insurance sources. Jakob Larsen, head of maritime safety & security with shipping association BIMCO,…

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Celebrating 14 years of Aries

We proudly celebrated our 14th anniversary this week and taking this opportunity we would like to thank all our clients and business partners for their much valued and continued support. They have all played an integral part in our journey…

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IACS welcomes new member Turk Loydu

The admission of the Turkish classification society comes after a successful verification of their compliance with the association’s membership criteria. The membership at the International Association of Classification Societies (IACS) is back up to 12. In March last year, the…

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