BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The Lime Street Guide - ECPv6.15.19//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:The Lime Street Guide
X-ORIGINAL-URL:https://staging.limestreetguide.com
X-WR-CALDESC:Events for The Lime Street Guide
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Europe/London
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20240331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20241027T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20250330T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20251026T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20260329T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20261025T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20250507T130000
DTEND;TZID=Europe/London:20250507T140000
DTSTAMP:20260408T130435
CREATED:20250403T213021Z
LAST-MODIFIED:20250403T213021Z
UID:85267-1746622800-1746626400@staging.limestreetguide.com
SUMMARY:Somali/East African piracy – then and now
DESCRIPTION:Somali/ East African piracy – then and now\nIn this IIL claims webinar\, Richard Neylon talks about the evolution of piracy in the region\, from its peak in the early 2000s to its decline and recent resurgence. This session examines the key drivers behind these shifts\, including geopolitical\, economic\, and security factors\, and assesses the impact on global shipping and marine insurance. Attendees will explore how risk mitigation strategies\, such as naval interventions\, onboard security measures\, and evolving underwriting approaches\, have shaped the industry’s response. This session also examines how the industry resolved hijacking cases. Finally\, the speaker discusses the future outlook\, highlighting emerging threats and the ongoing challenges for insurers\, shipowners\, and international regulators. \nThis webinar provides an analysis of the evolution of Somali piracy\, examining its rise\, decline\, and recent resurgence. Richard explores the root causes\, including political instability\, economic hardship\, and gaps in maritime security\, as well as the anticipated impact on global shipping\, trade routes\, and marine insurance. The session will review counter-piracy efforts such as naval patrols\, private security measures\, and industry best practices\, assessing their expected effectiveness over time. Participants will gain insight into how incidents were resolved\, and the insurance implications\, including potential shifts in war risk premiums\, policy exclusions\, and risk assessment strategies. The discussion will conclude with a forward-looking perspective on emerging threats and the challenges insurers\, shipowners\, and policymakers may face in mitigating piracy risks in the region. \nLearning objectives\n\nUnderstand the evolution of Somali Piracy: examine the historical rise\, decline\, and recent resurgence of piracy in the region\nIdentify key risk drivers: explore the political\, economic\, and security factors influencing piracy trends\nAssess the impact on global trade and marine insurance: analyse how piracy affects shipping routes\, risk assessments\, and insurance markets\nReview counter-piracy strategies: evaluate the effectiveness of naval patrols\, private security\, and industry best practices\nExplore insurance and risk management implications: understand the impact on war risk premiums\, policy exclusions\, and underwriting approaches\nLook ahead to emerging threats: gain insight into the future risks and challenges in mitigating piracy in the region\n\nSpeakers\n\nRichard Neylon\, Partner\, Head of Complex Environments\, HFW\nChair: Andrew Mackenzie FCII\, Head of Claims\, Clearwater UW Limited\n\n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://staging.limestreetguide.com/event/somali-east-african-piracy-then-and-now-2025/
LOCATION:Online
CATEGORIES:Online,Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://staging.limestreetguide.com/wp-content/uploads/2017/09/logo-the-insurance-institute-of-london-e1539464378247.png
ORGANIZER;CN="The Insurance Institute of London (IIL)":MAILTO:Iil.london@cii.co.uk
GEO:51.533166;-0.130418
END:VEVENT
END:VCALENDAR