War

Michael Reynolds

Much attention has focussed on the Red Sea, with the number of attacks on ships increasing throughout the summer. In total there have been over 80 attacks on shipping since November 2023.

Michael Reynolds talks current marine war risks in the latest edition of the Lockton Marine Market Report.

Email michael.reynolds@lockton.com if you would like to discuss this topic further.

Protection & Indemnity

Stephen Hawke and Pippa Atkins

The disruption to trade, the perils of war, the byzantine complications of sanctions, the Dark Fleet: all will continue to put pressure on ship owners and consequently their clubs.”

Stephen Hawke and Pippa Atkins discuss what they’ve seen in the Protection & Indemnity market plus 2025 renewal predictions ahead of the release of our annual P&I market report in November.

Email stephen.hawke@locktonplferrari.com or pippa.atkins@locktonplferrari.com to discuss this topic further.

Special Risks

Anders Langeland Johannessen

The EU ETS and the upcoming Fuel EU Maritime are key to achieving decarbonization in shipping, but at the same time ship owners face numerous challenges, as well as operational and counter party risks that need insurance solutions.

Get in touch with anders.johannessen@locktonedge.com should you have any questions.

Loss of Hire

Petter Sundby

As we argued in our analytics report in January this year, Loss of Hire profitability was such that market forces would, under normal circumstances, send rates down at this point. However, the supply side of this equation remains static with only a few Scandinavian underwriters offering the product. Petter Sundby explains what we are seeing in the Loss of Hire market.

Get in touch using petter.sundby@locktonedge.com with any questions you may have.

Cargo

David Ripton

The cargo insurance market is navigating a complex landscape of emerging risks and opportunities, driven by technological innovation, environmental challenges and geopolitical conflicts.

Contact David Ripton david.ripton@lockton.com if you would like to discuss this topic further.

Freight & Logistics

Paul Brooks

The Freight & Logistics market is getting ready for a period of solid growth… the market is worth US$55bn today – and most estimates predict a rise to US$84bn by the year 2030. Paul Brooks outlines what he is seeing with ocean freight and US trucking from an insurance perspective.

Email paul.brooks@lockton.com (opens a new window) to discuss further.