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Articles for December 2008
Balancing the books
Nick Whitear, of the UK P&I Club, warns that the evaporation of investment income is highlighting pressures on claims
David Comer on…
David Comer retired at the end of June after some 30 years as a senior executive in the P&I industry, almost all of those with the Gard Group. We asked him to reflect on that experience and to tell us how he views the future of the industry.
Turbulence ahead
The American Club has voted to take action to strengthen its balance sheet in the face of turbulent times. It said premium requirements for 2009 reflect its desire to maintain strong underwriting results and below explains its strategy.
No easy search
Wenhao Han, of Barlow Lyde & Gilbert LLP, looks at the construction of insurance warranties and discovers a search for meaning is not always easy
A continuing threat
Security specialists, Paul Bell, of BTG Intelligence, and Liam Morrissey, of BGN Risk, consider the impact of the recent wave of piracy off the Somali coast on shipping
The year of shipping dangerously
Nazery Khalid, of the Maritime Institute of Malaysia, looks back on a traumatic year for merchant shipping and proposes several ways to buttress maritime security to secure the major shipping lanes
A watching brief
Ian Barr, of the London P&I Club, summarises two of the issues affecting Club members recently
Moving on
David Taylor, of the International Underwriting Association, reports on the 2008 International Marine Claims Conference in Dublin
Bunker spill risk
Colin de la Rue, of Ince & Co, looks at the International Convention on Civil Liability for Bunker Oil Pollution Damage, 2001
Timing headache
The courts around the world have been having a busy year. After a long awaited decision in Transfield Shipping Inc v Mercator Shipping Inc (The Achilleas), Michael Wagener sums up the significance of this case