News

20 February 2017

STOPIA 2006 (as amended 2017) and TOPIA 2006 (as amended 2017) – 2017 amendments

The International Group has recently issued amended versions of the Small Tanker Oil Pollution Indemnification Agreement (STOPIA) and the Tanker Oil Pollution Indemnification Agreement (TOPIA).

31 January 2017

EU Guidelines on Places of Refuge

Following consultation and engagement with the International Group and other industry partners, the European Union has built on the existing IMO Guidelines on places of refuge, establishing a framework of duties and obligations on all the parties involved when ships are in need of assistance.

27 January 2017

Revised Joint industry publication sets out Guidelines for the carriage of Calcium Hypochlorite

The International Group and CINS have issued revised joint industry guidance on the carriage of Calcium Hypochlorite by sea (first publication in May 2016)

18 January 2017

International Group reinsurance 2017/18 placement – termination of “fall-back” cover

Placement of the International Group General Excess of Loss (GXL) reinsurance and Collective Overspill contracts and the Hydra reinsurance programme for 2017 have been completed.

23 December 2016

International Group signs Funding of Interim Payments Agreement with the 1992 IOPC Fund

International Group signs Funding of Interim Payments Agreement with the 1992 IOPC Fund

21 December 2016

Exhibition to mark 50 years of government and industry working together to address the risk of oil pollution from ships

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.

14 December 2016

International Group reinsurance 2017/18 renewal update December 2016

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.

07 December 2016

CINS Member and Board meetings – International Group Participation

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.

29 November 2016

Piracy – EU Council Decision to extend the mandate of operation Atalanta until December 2018

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

29 November 2016

4th Asia Marine Insurance Conference, Hong Kong 24th/25th October 2016

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.

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