In this IIL marine & energy lecture Mike Roderick will talk about the insurance issues relating the Hanjin’s insolvency, how the shipping and insurance markets have reacted and what lessons can be learned for business going forward.
When Hanjin first slid into insolvency there were widespread fears of a major impact on the marine insurance industry. Mike will look at how the shipping and insurance markets have reacted, what other economic factors have come into play, how serious the impact has in fact been on the marine insurance market and how serious a risk a similar major container line collapse might be in the future.