MARINE INSURANCE HIGHLIGHTS: THE CHANGING PATTERN OF RISK..

SUBTITLE: 'SHIP FAILURE PRESENTS A MUCH MORE OPTIMISTIC PICTURE, WITH A TWO-THIRDS REDUCTION DURING THE 1990S -- THE CREDIT FOR WHICH MUST BE SHARED BY THE CLASSIFICATION SOCIETIES AND SHIPOWNERS'. THIS IS ONE OF THE LEADING CONCLUSIONS FROM THE RECENTLY PUBLISHED TEN-YEAR ANALYSIS OF TRENDS IN MARITIME RISK BY THE UK P&I CLUB. KARL LUMBERS, THE CLUB'S MANAGER OF SHIP INSPECTION AND LOSS PREVENTION, WARNS THAT HUMAN ERROR STILL CONTINUES TO BE A SERIOUS CHALLENGE, ACCOUNTING FOR 58% OF MAJOR CLAIMS, AND EMPHASISES THE NEED FOR EDUCATION AND TRAINING IN LOSS PREVENTION.

Language

  • English

Media Info

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Filing Info

  • Accession Number: 00905299
  • Record Type: Publication
  • Source Agency: Northwestern University, Evanston
  • Files: TLIB
  • Created Date: Apr 12 2001 12:00AM