At least 12 of the 13 members of the International Group of P&I Clubs have changed policies to exclude claims stemming from Russia's invasion of Ukraine.
Hermine is weakening as it moves farther inland across Floridas Panhandle and southeastern Georgia, after largely sparing energy assets in the Gulf of Mexico.
DebugScreen: mobile
{
"author": {
"name": "Alex Longley",
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"imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
"estimate": 8,
"social": [],
"articles": [
{
"uri": "/2024/01/17/soaring-insurance-costs-add-to-red-sea-trade-chaos/",
"title": "Soaring insurance costs add to Red Sea trade chaos",
"byline": "Alex Longley",
"kicker": "Market Insights",
"prettyDate": "January 17, 2024",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/01/Ships-in-red-sea-insurance-soaring-406382055.jpg",
"width": "767",
"height": "633"
},
"authors": [
{
"webUrl": "/author/profile/alex-longley/",
"name": "Alex Longley"
}
],
"kickerNode": [
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"uri": "/market-insights/",
"sectionName": "Market Insights"
}
],
"summary": "Underwriters are now charging between 0.75% and 1% of the value of the ship to sail through the region.",
"body": null
},
{
"uri": "/2023/05/02/rising-oil-prices-complicate-russian-price-cap-checks-for-insurers/",
"title": "Rising oil prices complicate Russian price cap checks for insurers",
"byline": "Alex Longley",
"kicker": "Market Insights",
"prettyDate": "May 02, 2023",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2023/05/397811037.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alex-longley/",
"name": "Alex Longley"
}
],
"kickerNode": [
{
"uri": "/market-insights/",
"sectionName": "Market Insights"
}
],
"summary": "Russian oil has been trading above $60 a barrel in Asia for much of this year, raising the prospect of violations for insurers in G-7 nations.",
"body": null
},
{
"uri": "/2022/12/29/shipping-insurers-moving-to-exclude-russian-ukraine-war-claims/",
"title": "Shipping insurers moving to exclude Russian-Ukraine war claims",
"byline": "Alex Longley and Alaric Nightingale",
"kicker": "Market Insights",
"prettyDate": "December 29, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2022/12/394604563.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alex-longley/",
"name": "Alex Longley"
},
{
"webUrl": "/author/profile/alaric-nightingale/",
"name": "Alaric Nightingale"
}
],
"kickerNode": [
{
"uri": "/market-insights/",
"sectionName": "Market Insights"
}
],
"summary": "At least 12 of the 13 members of the International Group of P&I Clubs have changed policies to exclude claims stemming from Russia's invasion of Ukraine.",
"body": null
},
{
"uri": "/2021/03/29/insurers-may-be-on-the-hook-for-millions-from-suez-canal-crisis/",
"title": "Insurers may be on the hook for millions from Suez Canal crisis",
"byline": "Alex Longley, Benjamin Robertson, Aaron Clark and Cindy Wang",
"kicker": "News",
"prettyDate": "March 29, 2021",
"timeToRead": "6 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2021/03/Suez-Canal-Crisis-Ever-Given-Bloomberg.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alex-longley-benjamin-robertson-aaron-clark/",
"name": "Alex Longley, Benjamin Robertson, Aaron Clark"
},
{
"webUrl": "/author/profile/cindy-wang/",
"name": "Cindy Wang"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Insurance should brace for a flood of claims from everyone affected by the trading disruption, even as the ship blocking the waterway is now free.",
"body": null
},
{
"uri": "/2019/06/13/oil-tanker-insurance-costs-to-jump-after-gulf-attacks/",
"title": "Oil tanker insurance costs to jump after Gulf attacks",
"byline": "Julian Lee and Alex Longley",
"kicker": "News",
"prettyDate": "June 13, 2019",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/06/oil-carrier-bloomberg.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/julian-lee/",
"name": "Julian Lee"
},
{
"webUrl": "/author/profile/alex-longley/",
"name": "Alex Longley"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "A so-called \"additional premium\" that owners pay when sailing to the Persian Gulf is likely to rise with immediate effect.",
"body": null
},
{
"uri": "/2018/05/15/iran-oil-exports-face-insurance-snag/",
"title": "Iran oil exports face insurance snag",
"byline": " Alex Longley ",
"kicker": "News",
"prettyDate": "May 15, 2018",
"timeToRead": "2 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/05/oil-tanker6116-bloomberg.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alex-longley/",
"name": "Alex Longley"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "U.S. sanctions will likely prevent covering the global tanker fleet against risks if they're moving oil to or from Iran.",
"body": null
},
{
"uri": "/2018/05/15/iran-oil-exports-face-insurance-snag/",
"title": "Iran oil exports face insurance snag",
"byline": "Alex Longley",
"kicker": "News",
"prettyDate": "May 15, 2018",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/05/oil-tanker6116-bloomberg.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alex-longley/",
"name": "Alex Longley"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "U.S. sanctions will likely prevent covering the global tanker fleet against risks if they're moving oil to or from Iran.",
"body": null
},
{
"uri": "/2016/09/02/floridas-first-hurricane-strike-since-05-loses-for/",
"title": "Florida’s first hurricane strike since ’05 loses force inland",
"byline": "Brian K. Sullivan, Alex Longley",
"kicker": "News",
"prettyDate": "September 02, 2016",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/brian-k-sullivan-alex-longley/",
"name": "Brian K. Sullivan, Alex Longley"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Hermine is weakening as it moves farther inland across Floridas Panhandle and southeastern Georgia, after largely sparing energy assets in the Gulf of Mexico.",
"body": null
}
]
}
}
