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Journal articles on the topic 'Maritime insurance market'

Author: Grafiati

Published: 30 May 2022

Last updated: 31 July 2025

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1

Iryna, Panchenko, and Stovba Tetiana. "Modern practice of implementing marketing and sales activities of agricultural enterprises: strategic and innovative aspects." Actual problems of innovative economy and law 2025, no. 1 (2025): 87–92. https://doi.org/10.36887/2524-0455-2025-1-22.

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The article explores key aspects of marine risk insurance as an integral element of risk management in maritime transport and trade. It reveals the nature and categories of marine risks, highlighting the significance of insurance in protecting the interests of shipowners, cargo owners, and other participants in maritime activities. It examines the main categories of insurance: hull insurance, cargo insurance, liability insurance for shipowners, freight insurance, and loss of profit insurance. The primary legal aspects of marine insurance regulation are analyzed through national legislation and

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2

Denzel, Markus A. "Die Hamburger Seeversicherung vom 17. bis zur Mitte des 19. Jahrhunderts." Zeitschrift für Unternehmensgeschichte 65, no. 2 (2020): 281–304. http://dx.doi.org/10.1515/zug-2019-0031.

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AbstractHamburg’s marine insurance from the 17th to the middle of the 19th centuryIn the eighteenth century, Hamburg emerged as the third-most important marine insurance market in North-West Europe, after Amsterdam and London, with an impact in the entire Baltic Sea area, but partially in ports along the Atlantic coast and in the Mediterranean as well. On the basis of selected examples this contribution outlines the long-term development of marine insurance rates and explains how and why it gradually became less and less expensive to insure ships and goods in maritime transport. At the same ti

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Mitkov, Milen, Sergey Radukanov, and Mariana Petrova. "Risk management in maritime transport of goods through insurance." MATEC Web of Conferences 339 (2021): 01003. http://dx.doi.org/10.1051/matecconf/202133901003.

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The present study, the issues related to the development and features of Cargo insurance are considered as a way to manage the risk in the maritime transport of goods and cargo. The state, tendencies and prospects for development of this type of insurance are outlined, as well as the gross domestic product of the country. The study period is 2010-2019, ie the years after Bulgaria’s accession to the European Union. The results of the analysis confirm the strong link between maritime transport and insurance of transported goods and cargo, which leads to strong development in the insurance market

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Boileau, Wadnerson. "Turning the Disruptive Power of Blockchain in the Insurance Market into Innovative Opportunities." International Journal of Network Security & Its Applications 14, no. 6 (2022): 01–07. http://dx.doi.org/10.5121/ijnsa.2022.14601.

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Insurance has been around for more than centuries. This risk mitigation strategy has been utilized in maritime commerce as early thousand years ago, where Asian merchant seafarers were pooling together their wares in collective funds to pay for damages of individual’s capsized ship. In 2018, insurance industry made up 6% of global domestic product, and amounted to about 7-9% of the U.S.GDP;2020, the industry net premiums totalled $1.28 trillion, by 2030, blockchain insurance market value is estimated to reach $39.5 Billion. Despite of growing reform, the insurance market is dominated by interm

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Wadnerson, Boileau. "TURNING THE DISRUPTIVE POWER OF BLOCKCHAIN IN THE INSURANCE MARKET INTO INNOVATIVE OPPORTUNITIES." International Journal of Network Security & Its Applications (IJNSA) 14, no. 6 (2022): 01–07. https://doi.org/10.5281/zenodo.7407615.

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Insurance has been around for more than centuries. This risk mitigation strategy has been utilized in maritime commerce as early thousand years ago, where Asian merchant seafarers were pooling together their wares in collective funds to pay for damages of individual’s capsized ship. In 2018, insurance industry made up 6% of global domestic product, and amounted to about 7-9% of the U.S.GDP;2020, the industry net premiums totalled $1.28 trillion, by 2030, blockchain insurance market value is estimated to reach $39.5 Billion. Despite of growing reform, the insurance market is dominated by

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6

Sarrabezoles, Aurélie, Frédéric Lasserre, and Zebret Hagouagn’rin. "Arctic shipping insurance: towards a harmonisation of practices and costs?" Polar Record 52, no. 4 (2014): 393–98. http://dx.doi.org/10.1017/s0032247414000552.

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ABSTRACTInsurance is an important component of shipping costs, albeit minor when compared to capital, crew or fuel. If the literature of Arctic shipping agrees that insurance premiums are likely to be higher for Arctic shipping, no study so far has tried to assess the cost of Arctic shipping insurance premiums, nor what specific demands insurance firms might formulate before agreeing to give coverage to a shipping company, thus presenting obstacles to entry in the Arctic shipping market. We first present insurance policies and costs as they are discussed in the literature on Arctic shipping. W

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7

Munn, Luke. "From the Black Atlantic to Black-Scholes." Cultural Politics 16, no. 1 (2020): 92–110. http://dx.doi.org/10.1215/17432197-8017284.

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Rather than being unprecedented, contemporary technologies are the most sophisticated instances of a long-standing dream: if space could be more comprehensively captured and coded, it could be more intensively capitalized. Two moments within this lineage are explored: maritime insurance of slave ships in the eighteenth century, and the Black-Scholes model of option pricing from the twentieth century. Maritime insurance rendered the unknown space of the ocean knowable and therefore profitable. By collecting information at Lloyds, merchants developed a map of threat within the Atlantic, and by w

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Makarenko, Evgeny A. "STANDARDIZATION OF THE LIST OF RISKS AND CONDITIONS FOR INSURANCE OF CONSTRUCTION AND ASSEMBLY WORKS." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 6/4, no. 138 (2023): 136–44. http://dx.doi.org/10.36871/ek.up.p.r.2023.06.04.014.

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The article is devoted to the problem of standardization of insurance contracts for construction and installation risks, which are currently proposed by the VSS. The article reveals the situation with the inclusion of costs in construction and installation works in the items of expenditure under state, municipal and maritime contracts. The problems of insurers related to sanctions pressure on the Russian insurance market, the closure of access for all domestic international insurers to reinsurance capacities and activities that can reduce the risks of cumulation of insurance events within one

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9

Al- Shaikhli, Warqaa Ahmed Irzooqi, Dr Tahani Mahdi AL-Yasiri, and Dr Hanan Abdullah Hassan. "An Analytical Study of Ship Hull Insurance in the Liquidity and Profitability of the National Insurance Company." Revista Gestão Inovação e Tecnologias 11, no. 4 (2021): 5832–45. http://dx.doi.org/10.47059/revistageintec.v11i4.2631.

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The sea is of paramount importance in the life of man and peoples. Since ancient times, it has represented a tool for communication between nations, a link for civilizational meeting between them, and a source of sustenance. Man’s need and interest in exploiting this wealth moves his curiosity and ambitions to think and search for means that contribute and help in expanding the scope of maritime exploitation and consolidating relations between countries more and more. The maritime field was among the important areas touched by industrial and technological development, especially in the field o

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10

Nia, Farzaneh Haghighat, Hossein Niavand, and R. Thimmarayappa. "The Effect of Insurance Knowledge on the Sales of Insurance." International Journal of Accounting and Financial Reporting 8, no. 1 (2018): 398. http://dx.doi.org/10.5296/ijafr.v8i1.12905.

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The world we live in is full of uncertainties and risks. Individuals, families, businesses, properties and assets are exposed to different types and levels of risks, so the importance of insurance is imperative for everyone.As regards that there have been few investigations about the effect of education on the sales of insurance; the insurance market suffers from a lack of study about the effect of insurance knowledge on the sales of insurance. Hence, for the first time, this research investigates about the effect of insurance knowledge (individuals who have knowledge of insurance either their

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11

Ababneh, Mahmoud. "Analyzing the New Institute Cargo Insurance Clauses of 2009 and its Harmonization with the Arabic Marine Insurance Legislations." مجلة الحقوق 39, no. 3 (2024): 1–36. http://dx.doi.org/10.34120/jol.v39i3.3261.

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The aim of this paper is to discuss in details the new changes in the marine cargo insurance in particular and the new editions of the Institute Cargo Clauses of 2009 known as (l.C.C clauses) in comparison with the old editions of the 1982 clauses. The old clauses at that time were a radical change in the world of marine cargo insurance. The paper examines briefly the reasons behind the change that occurred in 1982 to better understand the recent changes of 2009. The paper also investigates the aims behind the 2009 changes carried out by the Institute of London Underwriters. This paper will al

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12

Machuska, I. B., S. B. Nedilchenko, I. V. Argatiuk, I. P. Leshchenko, and V. V. Burliy. "Historical and legal foundations of the development of insurance in the Republic of Italy: theoretical and legal analysis." Analytical and Comparative Jurisprudence, no. 2 (May 11, 2024): 220–25. http://dx.doi.org/10.24144/2788-6018.2024.02.38.

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The article examines the historical and legal aspects of the development of insurance and the legal regulation of insurance relations in Italy. It is noted that the foundations of insurance relations and their legal regulation were observed in many countries of modern Europe, including Italy. It has been investigated that the first forms of insurance in Italy were observed as early as the times of the Roman Empire in the form of activities of religious societies and military colleges. It has been proven that the initial forms of insurance in the Roman Empire were built on the basis of the comm

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13

Dymkova, Svetlana. "EARTH OBSERVATION AND GLOBAL NAVIGATION SATELLITE SYSTEMS ANALITICAL REPORT PART I (AVIATION AND SPACE)." SYNCHROINFO JOURNAL 8, no. 1 (2022): 30–41. http://dx.doi.org/10.36724/2664-066x-2022-8-1-30-41.

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The EU Space Programme is a business growth enabler that stimulates the economy and pushes the bar of innovation. The EUSPA EO & GNSS Market Report is the ultimate guide to anyone who seeks to make the EU Satellite Navigation and Earth Observation technologies part of their business plan and develop new space downstream applications. More than ever society relies on innovative solutions to deal with the big data paradigm. Earth Observation (EO) and Global Navigation Satellite System (GNSS) data is becoming increasingly important to these innovative solutions through dozens of applications

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14

Babachenko, Maryna, Iryna Golubkova, Anastasiia Yavorska, Nataliia Lysenko, and Inha Kucher. "Management of maritime transport enterprises in conditions of uncertainty." Scientific notes, no. 35 (June 24, 2024): 49–63. http://dx.doi.org/10.33111/vz_kneu.35.24.02.05.033.039.

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The scientific work presents the functioning of maritime transport enterprises in the languages of uncertainty. The purpose of the study is to determine the conditions of uncertainty and their analysis under conditions of uncertainty. Ukraine has a strong potential for reproduction, development and development of the maritime complex. There are all necessary conditions for this. In particular, the network of sea trade ports on the territory of Odesa, Mykolaiv and Kherson regions, stevedore companies, logistics and transport enterprises, etc., which together form a national maritime logistics a

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ZAIETS, O. "INSTITUTE OF MILITARY RISKS INSURANCE: IMPLEMENTATION OF NORMS OF INTERNATIONAL LEGISLATION." Economic innovations 24, no. 3(84) (2022): 43–50. http://dx.doi.org/10.31520/ei.2022.24.3(84).43-50.

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Topicality. In almost all historical eras there have been attempts to reduce the misery caused by armed conflicts. The armed aggression of the Russian Federation against Ukraine, which began with the occupation of Crimea in February-March 2014, the hybrid war in Donbas since April 2014, and the open full-scale armed invasion on February 24, 2022, is not an exception, and is accompanied by an unprecedented destruction of the Ukrainian civilian population, including children, the destruction of Ukrainian cities, cultural and spiritual values forces the leadership of the country and ordinary peop

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16

ILCHENKO, S. V., and V. О. DIAKOV. "COMPARATIVE ANALYSIS OF THE DYNAMICS OF DEVELOPMENT OF INSURANCE IN THE SPHERE OF WATER TRANSPORT: UKRAINIAN PRACTICE AND FOREIGN EXPERIENCE." Economic innovations 24, no. 2(83) (2022): 66–77. http://dx.doi.org/10.31520/ei.2022.24.2(83).66-77.

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Topicality. Water transport is an important part of the infrastructure of the transport system of any country that has access to the sea or inland waterways and the ability of the country to participate in international trade and transport goods abroad. There is a certain water dependence, which is determined by the geographical access of countries to maritime and inland waterways, since access to them is one of the key factors in attracting world capital. By means of water transport in Ukraine, one third of all cargoes in the field of water transport are annually transported by inland waterwa

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17

Androsova, Svetlana. "Allocation of liabilities between parties involved in shipping LNG from eastern Australia." APPEA Journal 53, no. 2 (2013): 461. http://dx.doi.org/10.1071/aj12072.

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LNG shipping tonnage represents about 400 vessels worldwide and it has high safety records compared with other types of tonnage. Serious attention to the operational safety of LNG vessels is dictated by their high value as assets, substantial time required to build new LNG vessels, limited availability of replacement tonnage on the market, heavy dependence of the LNG supply chain on shipping efficiency and reliability, and high costs of delay in LNG supply. Notwithstanding the high safety record of LNG vessels, shipping is historically considered a high-risk enterprise. Liability of shipowners

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18

Krmek, Ivica, Serđo Kos, and David Brčić. "Analytical Research of the Container Ships Cargo Area Fires in the Period From 2010 to 2020." Naše more 69, no. 1 (2022): 62–69. http://dx.doi.org/10.17818/nm/2022/1.8.

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Container transport by sea has almost doubled in the last decade. Accordingly, container ships’ size has increased significantly, and the latest container ships carry up to 24000 Twenty-foot Equivalent Units (TEU). In the near future, the appearance of container ships with a capacity of 25000 TEUs can be expected on the market, because the design is already available. It is known that 10-12% of transported containers contain International Maritime Dangerous Goods (IMDG) cargo. The above stated reasons directly impact the frequency of container ship fires in cargo spaces. According to the Insur

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19

Korol, Svitlana. "ECOLOGICAL DUE DILIGENCE - MAINSTREAM IN INSURANCE." Economic Analysis, no. 32(1) (2022): 257–63. http://dx.doi.org/10.35774/econa2022.01.257.

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Introduction. In today's world, environmental problems related to accidents, natural disasters and catastrophes have been exacerbated by environmental pollution caused by the ongoing russian-Ukrainian war, which continues to this day. At the state level, in this situation, of course, it is difficult to use instruments of influence, as in Ukraine there is no legal framework that would serve as a foundation for legislative regulation of environmental insurance. Given this positioning in this context, environmental insurance becomes especially relevant, which is preceded by environmental due dili

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20

WILLIAMS, EVAN CALDER. "Salvage." Journal of American Studies 49, no. 4 (2015): 845–59. http://dx.doi.org/10.1017/s0021875815001735.

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This essay develops a history of salvage both as particular activity and as concept, arguing that it has quietly become one of the fundamental structures of thought that shape how we envision future possibility. However, the contemporary sense of the word, which designates the recuperation or search for value in what has already been destroyed, is a recent one and represents a significant transformation from the notion of salvage in early modern European maritime and insurance law. In that earlier iteration, salvage denoted payment received for helping to avert a disaster, such as keeping the

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21

Amaan, Anjum. "Enhancing India's Economic Integration with Eurasia: The Strategic Role and Evolving Dynamics of the International North–South Transport Corridor (INSTC)." Management Journal for Advanced Research 5, no. 1 (2025): 41–49. https://doi.org/10.5281/zenodo.15034719.

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India’s ambition to become a global economic powerhouse is increasingly linked to its ability to diversify export routes and secure a stable supply of energy resources. The International North–South Transport Corridor (INSTC) has emerged as a pivotal multimodal network that connects India to Russia, Europe, and Central Asia via Iran. By offering a route that is up to 40 percent shorter and 30 percent cheaper than traditional maritime channels such as the Suez Canal, the INSTC represents both an economic and strategic alternative amid rising geopolitical uncertainties and logistical

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22

van der Heide, Arjen, and Sebastian Kohl. "Private Insurance, Public Welfare, and Financial Markets: Alpine and Maritime Countries in Comparative-Historical Perspective." Politics & Society, March 29, 2023, 003232922311614. http://dx.doi.org/10.1177/00323292231161445.

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Contemporary capitalist societies use different institutions to manage economic risks. While different public welfare state and financial institutions (banks, capital markets) have been studied across coordinated and liberal market economies, the different worlds of private insurance institutions have been understudied. Building on new insurance data sets (1880–2017), we find that countries with a Maritime (USA, GBR, CAN) in contrast to the more backward Alpine (AUT, DEU, CHE) insurance tradition developed bigger life and nonlife insurance earlier, with less state-associated and reinsurance en

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23

Коretska, Оlga. "FEATURES AND PROBLEMS OF THE MECHANISM OF MARITIME INSURANCE IN UKRAINE." Business Navigator, no. 1(68) (2022). http://dx.doi.org/10.32847/business-navigator.68-9.

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The article reveals the problems in the organization of marine insurance in Ukraine that have arisen to date, the peculiarities of its development, analyzes the state of marine insurance in Ukraine, highlights the features of maritime compulsory and voluntary insurance, considers such a division of marine insurance as cargo insurance, marine insurance market of Ukraine. The advantages and disadvantages of sea transportation are revealed and it is noted that sea transportation, transportation of goods by sea are the activities of maritime transport enterprises, which belong to the risky activit

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24

Iodice, Antonio. "Marine Insurance in Early Modern Genoa (1564–1571): A Risk-Shifting or Risk-Sharing Tool?" Asia-Pacific Journal of Risk and Insurance, January 23, 2023. http://dx.doi.org/10.1515/apjri-2022-0037.

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Abstract This paper investigates the main features of the Genoese insurance market between 1564 and 1572, thanks to the analysis of an unpublished tax register that preserves all insurance policies drafted in Genoa in that period. Marine insurance, intended as an archetypical risk-shifting technique, is probably the oldest financial instrument intended solely to protect against the economic consequences of commercial losses. Conventional premium insurance was developed as a tool to transfer risk during the commercial revolution of the late middle ages. This development was first led by Italian

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25

Kramskyi, Serhii, Oleg Zakharchenko, and Oleksandr Darushin. "OPTIONAL MECHANISM FOR FORMATION OF FREIGHT BUSINESS STRATEGIES OF SHIPPING COMPANIES." Business Navigator, no. 3(76) (2024). http://dx.doi.org/10.32782/business-navigator.76-20.

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Today, maritime transport is in a turbulent business environment, therefore, when analyzing the work of international shipping companies, the current financial performance indicators are related to the long-term planning of the fleet of shipping companies and the dynamics of military influence on Ukraine. Examination of the operation of various forms and types of charter contracts between subjects of the business environment in maritime transport. The research examines the main approaches to risks in sea transport of the strategy of ship cargo insurance. The option mechanism is an option for s

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26

Rebelo, Pia, and Cyril Uchenna Amaefule. "Warming up to Arctic shipping: Unique risk management challenges for marine insurers." Environmental Law Review, March 21, 2024. http://dx.doi.org/10.1177/14614529241239292.

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Due to diminishing ice shelves in the Arctic, no doubt caused by climate change, previously unnavigable marine spaces are opening up, which in turn may provide new maritime routes. The shipping and maritime industry may capitalise on these routes more in the future as they provide shorter sailing times, and may assist with increasing oil and gas exploration and extraction in the region. However, increased maritime expansion in the Arctic comes with a number of unique risks and hazards for the insured and insurer. This opinion therefore seeks to discuss the implications of the multitude of risk

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27

Ilchenko, Svitlana, Vadym Gryshchenko, and Iryna Gryshchenko. "TRENDS IN DEVELOPING THE MAIN SEGMENTS OF UKRAINE'S SEA FREIGHT TRANSPORTATION MARKET." Economic scope, 2023. http://dx.doi.org/10.32782/2224-6282/184-6.

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The armed aggression of the Russian Federation against Ukraine led to the destruction of critical infrastructure, the termination of port operations in Ukraine, the disruption of regional logistics, the rise in fuel prices, and the increase in ship and cargo insurance costs. It contributed to the restriction of trade in the Black Sea region. The armed aggression of the Russian Federation against Ukraine hinders trade and changes logistics in and throughout the Black Sea region. As a result, the search for alternative trade routes for Ukrainian goods quickly increased the demands on land and se

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28

Smarkalova, Antonina. "NATURE AND ORGANIZATION OF ACTIVITIES OF INSPECTION BODIES ON MARINE TRANSPORT." Development of Management and Entrepreneurship Methods on Transport (ONMU), 2021, 32–47. http://dx.doi.org/10.31375/2226-1915-2021-4-32-47.

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In the article, the nature and entity of inspection activities on marine transport are reviewed. Inspection organizations are divided by ownership. Different types of inspection bodies are looked into and specific scope of the inspection services they provide are elaborated. Consumers of inspection services, are identified, such as manufacturers, buyers, traders, shipow-ners, banks, etc. The reasons of a high rise in growth and spread of the inspection business are emphasized due to the increasing of competition and complete lack of trust in the maritime sector between all organizations and re

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Stephens, Hugh. "The Opening of the Northern Sea Routes: The Implications for Global Shipping and for Canada’s Relations with Asia." School of Public Policy Publications 9, no. 1 (2016). https://doi.org/10.55016/ojs/sppp.v9i1.42586.

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All the excitement around the great possibilities that the opening of the Northwest Passage could offer the shipping industry — and Canada — could not last. Just a few years ago, as sea ice in the North seemed to be steadily melting away, observers were eagerly tallying up the savings in time, fuel and costs that a reliably ice-free route across the top of the planet would provide for shippers. A couple of trial runs only confirmed that for shipments from Asia to Europe or North America, or the other way around, the route could shave thousands of kilometres off each trip, compared to journeys

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