Tag: IUMI

BIMCO, FONASBA, IAPH, IFSMA, InterManager, INTERTANKO, IPTA and IUMI have published a climate change glossary to clarify and harmonise definitions and terminology to ensure that discussions around climate change and potential solutions for the shipping industry are based on a mutual understanding of what the commonly used terms mean.

Mr. Jens Jaeger, IUMI, highlights the spill risk of plastic resin pellets, so called “nurdles”, and work at the IMO to mitigate this risk.

IUMI published a statement on the Russian invasion of Ukraine, expressing its hope that regulators will collaborate with shipping to agree that any sanctions are feasible.

Mr Lars Lange, IUMI Secretary-General, refers to the important work that IUMI’s ESG Working Group has undertaken for raising awareness for the increasing importance of marine insurance specific ESG issues.

A Code of Practice between the International Group of P&I Clubs and IUMI has recently been agreed in relation to future casualty situations that may give rise to the need for third party salvage services.

Joining many others in the call for a swift and peaceful end to the current Russian invasion of Ukraine, IUMI made a statement to reassure that marine underwriters will continue to support their assureds during this difficult time.

In the latest IUMI Eye, Neil Roberts, member of IUMI's Policy Forum, provided an update on the 5th Protection of the Arctic Marine Environment Conference.

IUMI released its 2021 analysis of the global marine insurance market, providing an insight into the marine insurance market.

IUMI fully endorses the Call to Action for Shipping Decarbonization that was announced last month by the Getting to Zero Coalition.

Opening this year’s IUMI annual conference, President Richard Turner was clear that within the current context of change, standing still was simply not an option for the marine insurance sector.