International Group signs Funding of Interim Payments Agreement with the 1992 IOPC Fund
The International Group is collaborating with the IMO, IOPC Funds and other industry organisations to produce an exhibition at the IMO to mark the achievements of the international community over the past 50 years to achieve a sustained reduction in major oil spills from ships; to establish effective systems for preparedness and response if there is an incident; and to create a comprehensive mechanism for providing compensation.
The arrangements for the renewal of the International Group General Excess of Loss reinsurance contract and the Hydra reinsurance programmes for 2017/18 have now been finalized.
The International Group attended and participated in the Board and Members meetings of CINS that were held in London on 6th and 7th December 2016.
On 28 November 2016, the EU Council, following a strategic review, confirmed the extension of the mandate of operation Atalanta to contribute to the deterrence, prevention and repression of acts of piracy and armed robbery of the Somali coast until December 2018
The Group was invited to participate in presentation and panel sessions along with other Marine insurer and shipowner representatives at the Fourth Asia Marine Insurance Conference held in Hong Kong on 24th/25th of October 2016.
The International Group attended and took the lead industry role in the discussions at the October 2016 meetings of the IOPC Funds, in particular on the discussions on the funding of interim payments, the review of STOPIA & TOPIA.
The Group which is represented on the IUMI legal and Liability committee participated at the 2016 annual conference held in Genoa between 18 and 21 September 2016.
Birgitta Hed of the Swedish Club has been elected as the new chairman of the Personal Injury subcommittee.
The International Group attended and took a full and active role in the 103rd session of the IMO Legal Committee that was held in London from 8th – 10th June
Pursuant to the Memorandum of Understanding signed in April 2015 between the Group and Maritime New Zealand (MNZ) regarding the response to major casualties and incidents involving salvage and wreck removal, Michael Kelleher of the West of England and the chairman of the Group’s Large Casualty Working Group attended “Exercise Whakautu II: 2016”, a training exercise to test MNZ’s preparedness for a major salvage, pollution and wreck removal event.
The European Commission (the "Commission") is currently reviewing the insurance block exemption regulation (the "IBER"), which expires on 31 March 2017.
After four years of consultation and review by a CMI International Working Group (“IWG”) on which the Group participated, along with shipowner and property insurer representatives, adjusters and National Maritime Law Association representatives, the York Antwerp Rules 2016 were adopted by the CMI Assembly at its conference in New York in early May.
The 42nd International Conference of the CMI was held from 3 May to 6 May in New York in conjunction with the meetings of the US Maritime Law Association.
New Guidelines for the carriage of Calcium Hypochlorite in containers have been published jointly by CINS (the Cargo Incident Notification System) and the International Group of P&I Clubs.
The International Group attended and took a lead industry role in the discussions at the April 2016 meetings of the IOPC Funds, in particular on the discussions on the funding of interim payments and the concerns arising from the recent Spanish Supreme Court judgement in the Prestige case.
Tony Baker, head of loss prevention at the North of England and chairman of the Group Ships Technical Committee, and Group Executive Officer Andrew Bardot were invited to attend and present at the 2016 CIRM Annual Conference and AGM meetings held in Italy in April 2016.
The International Group attended and took an active role in the 2010 HNS Convention workshop hosted by the Canadian Government in Montreal on 17-18 March, 2016.
The arrangements for the renewal of the International Group General Excess of Loss reinsurance contract and the Hydra reinsurance programmes for 2016/17 have now been finalized.