Industry-wide cooperation, knowledge sharing vital for net zero: IUMI

Global ocean hull premiums rose in 2022 by 5.7% to reach $8.4bn, delegates attending annual gathering of the International Union of Marine Insurance (IUMI) were told. This was largely due to a combination of growing activity, increased vessel values and reduced market capacity. Claims for the same period remained moderate although early 2023 has witnessed

Adani coal poised for export as insurance giants pledge cleaner future

According to the Adani Group, at the end of December, the first coal shipment from the central Queensland Carmichael Mine was ready to leave its Australian export terminal despite years of environmental campaigning and the refusal by major insurers to offer coverage for the project. However, three weeks later, the coal’s exact status is not