International Union of Marine Insurance (IUMI) 2012 Conference

Thursday, 20th September 2012

The Group is represented on the IUMI Legal & Liability Committee and attended the annual IUMI conference held from 16-20 September 2012 in San Diego. Issues of relevance to the Group which were discussed at the conference included the escalation of wreck removal and major casualty costs, latest developments in relation to review of the Salvage Convention and the York Antwerp Rules, sanctions developments and implications for insurers, developments in relation to the International Conventions and passenger contract forum selection and choice of law clauses and US class actions.