Reinsurance premiums assumed worldwide amounted to a value of around USD 500 billion in 2022 between 2019 and 2022, the global reinsurance sector outgrew the direct insurance market by a …
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Unlocking Resilience: Sovereign Risk Pools Collaborate to Tackle Climate and Disaster Risk
In an effort to address the growing challenges of climate change and natural disasters, a recent summit held on October 5, 2023, brought together the heads of key sovereign risk pools and various …
Setting Sail: South Africa’s Thriving Marine Insurance Market and Current Trends
By: Paul March, Director, Horizon Marine insurance is a truly global class of business, and the latest trends are always interesting. Despite living at the bottom of Africa the South African …
General average: Court holds that more progressive Rules apply
Andrew Robinson, Director at Norton Rose Fulbright and Malcolm Hartwell, Head of Transport, Africa; Master Mariner; Director. The following is a summarised version of an article …
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Fires at sea
Fires on vessels remain one of the biggest safety issues for the shipping industry as evidenced by a significant increase in recent incidents including the Fremantle Highway, a car-carrying vessel …
Charting the Course: Trends and Challenges in Marine Insurance
By Mervyn Naidoo. Head: Marine at Old Mutual Insure What are the latest trends in marine risks? Global insurance associations from Europe, Asia/Pacific, Latin America, North America, …
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