News

IG - modernisation of the EC competition law regime - December 2009 update

16/12/2009

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Club retention to increase from February 2010

17/11/2009

With effect from noon on 20 February 2010, the individual Club retention will increase from US $7 million to US $8 million.

New International Group Chairman elected

17/11/2009

At the Annual General Meeting of the International Group of P Club managers held in London on 17 November, the managers of the 13 member Clubs unanimously endorsed and welcomed the election of Gard CEO, Claes Isacson, to succeed Peter Spendlove as International Group Chairman.

IMO Legal Committee and IOPC Funds meetings - IG attendance

16/10/2009

The autumn meetings of the IMO Legal Committee and the 1992 IOPC Fund Executive Committee and 1992 IOPC Fund Assembly were held in London at the beginning of October 2009.

International Marine Claims Conference Dublin

01/10/2009

The Group was represented at the International Marine Claims Conference held in Dublin in October and participated on a panel session and presentation on practical and insurance issues arising out of vessel layup.

2009 International Group Conference for P&I Correspondents

27/09/2009

The 2009 International Group Conference for P Correspondents was held in Amsterdam on 27-29 September.

IUMI Annual Conference Bruges September 2009

01/09/2009

The Group participated at the annual IUMI conference held in Bruges in September 2009 and a presentation was made to the Legal and Liability workshop session on the current status of international maritime conventions in force and pending entry into force.

Piracy – BMP’s Version 2

24/08/2009

Following further consultation with industry including the International Group and based on experience gained since publication earlier this year of the industry supported Best Management Practices to Deter Piracy in the Gulf of Aden and off the Coast of Somalia, an updated Version 2 has now been published (click link to view).

Modernisation of the EC Competition Law Regime - impact on the International Group's arrangements - update June 2009

10/06/2009

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Maritime Security – Piracy related issues

02/06/2009

To provide general clarification and guidance on a number of issues which have been raised concerning insurance cover issues arising out of piracy incidents and the engagement of on board unarmed/armed security personnel, the Group has produced a FAQs document (click link to access).

Interspill Conference Marseille May 2009 - Group attendance

14/05/2009

The Interspill 2009 conference and exhibition was held in Marseille from 12 - 14 May 2009.

“Hebei Spirit” Master and Chief Officer - Supreme Court Judgement

27/04/2009

The International Group has continued to closely monitor developments in relation to the prosecutions in Korea of the Master and Chief Officer of the VLCC “Hebei Spirit” arising out of the oil pollution resulting from the collision of the crane barge Samsung No.

IMO Legal Committee and IOPC Funds meetings - IG attendance

01/04/2009

The IG attended and took a full and active role in both the 98th session of the IMO Legal Committee that was held in London from 4-8 April and the meetings of the 1992 IOPC Fund governing bodies and 6th Intersessional working group that was held in Marrakech from 29 March – 1 April.

IUMI 2008 casualty and World Fleet Statistics published

26/03/2009

IUMI has just released its updated Casualty and World Fleet statistics as at 31/12/2008 which can be accessed via the link below:.

International Group appoints new Reinsurance Subcommittee Chairman

20/03/2009

Hugo Wynn-Williams, CEO of Thomas Miller P and a long serving member of the IG Reinsurance Subcommittee, has been appointed with immediate effect as successor to Just Arne Storvik.

International Group statement - EU – Directive on the Insurance of Ship-owners for Maritime Claims (Formerly the Civil Liability Directive)

13/03/2009

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International Group General Excess Loss Reinsurance Contract Renewal 2009/2010

21/01/2009

The arrangements for the renewal of the International Group general excess loss contract and Hydra programme for 2009/10 have now been finalized.

“Hebei Spirit” Master and Chief Officer convictions and bail applications

16/01/2009

The Group has been closely monitoring developments in relation to the prosecutions in Korea of the Master and Chief Officer of the VLCC “Hebei Spirit” arising out of the oil pollution resulting from the collision of the crane barge Samsung No.