Insurance guidelines on IUU fishing

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09-05-2019

De Verenigde Naties heeft richtlijnen ontwikkelt om de risico’s van illegale activiteiten op zee te verkleinen. Hieronder meer informatie afkomstig van Dana Miller van Oceana, die tijdens de IUMI conferentie september in Toronto tijdens de Inland Hull, Fishing Vessels & Yachts workshop zal spreken over dit onderwerp.

“Oceana recently launched a set of guidelines to assist insurers in controlling or mitigating the risk of insuring vessels and companies associated with illegal, unreported and unregulated (IUU) fishing. The guidelines include a checklist of 18 warning signs for detecting higher risk vessels and contracts, which expose insurers to an increased likelihood of claims, association to other crimes, fraud, legal liabilities, and losses due to reputational damage. The guidelines were developed together with UN Environment’s Principles for Sustainable Insurance Initiative, and with input from insurance associations, companies, and other key stakeholders. They can be accessed and downloaded online through Oceana’s webpage: http://eu.oceana.org/sites/default/files/oceana-psi_insurance_insdustry_guidelines_for_iuu_fishing_final_with_doi.pdf.

Please feel free to share this link within your network and to other underwriters, risk managers, agents, brokers and other relevant parties within the marine insurance industry. Through incorporating these recommendations, insurers can help to combat IUU fishing and increase transparency and accountability within the global fishing sector, which will contribute to the long-term sustainability of our oceans.

Furthermore, the insurance industry Statement against IUU fishing is still open for signatures online. You can click on the following link and add your support: https://eu.oceana.org/en/assisting-ocean-stewardship-through-marine-insurance.”

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