Compliance / Regulatory Update on Per-Voyage Attestation Requirement - Applicable From 19 February 2024 The G7 price cap coalition has published an update on the application of the price cap rules. The rules have taken effect on 19 February 2024 (UK and US) and for cargoes loaded on
Nordic Marine Ltd (Nordic) - Joint venture agreement with SiriusPoint New partnership ! The Nordic team is very pleased to announce that Nordic and SiriusPoint have concluded a partnership according to which SiriusPoint, through their Stockholm office as SiriusPoint International’s MGA Centre of Excellence, will provide additional insurance capacity to Nordic on
Loss of Earnings with 7 days deductible is back! 14/90/90 at 2.00% or 7/97/97 at 2.40% ... Should that be a question? Let me expand on the background that has led to the somewhat provocative question I am asking. For the last 25-30 years, ship owners have been buying conventional LoH
Nordic Marine 2022 : Ten years of stretching boundaries Dear Colleagues, Clients, Broker friends and other Business Associates, As we look back on the past 12 months and prepare for the coming year, we can only have a feeling of pride and humility, as 2022 marked Nordic Marine’s 10th Anniversary… and
Why is Nordic Marine’s package unique? In our annual review we made a reference to unique nature of the marine package that Nordics provides. Well then, what is so unique about it? The answer is : Because Our business model is based on delivering “one size fits one” solutions. Because We
2021 Year and review Dear Colleagues, Clients, Broker friends and other Business Associates It is the time of the year where at Nordic Marine we look at the previous 12 months and give you our customary review of the year just ended and our feeling for the next 12 months
A FAVOURITE OF MAGNUS HAMMARQVIST, OUR CLAIMS DIRECTOR A link to interesting incidents’ reports as well as the most recent Safety Bulletins, Marine Accident Investigation Reports, Marine Casualties and Incidents statistics from various sources and industry organisations. Marine Casualties and Incidents statistics EMSA (European Maritime Safety Agency)
Termination of Alandia/Nordic H&M agreement Alandia Försäkring Abp (Alandia) and Nordic Marine Insurance Ltd (Nordic) have been cooperating on a number of products and projects, for a number of years. Particularly since 2017, Alandia and Nordic have cooperated in the distribution of Hull & Machinery and all ancillary covers primarily
Nordic Marine Insurance is growing We are happy to announce that Jan Limnell is joining Nordic Marine Insurance as Deputy Managing Director and Underwriting Director. Jan Limnell has a wide experience in shipping and marine insurance and has been with the Finnish insurance company Alandia for almost 30 years.
Marine Cyber Endorsement (For 2022, all reinsurance contracts will have to include an exclusion clause for cyber-risks’) Dear Partners, As you have no doubt experienced in your various policies, the past couple of years have seen many changes in the availability of reinsurance capacity and the current market environment indicates
