Report | May 5, 2021
Best Practices in Marine Insurance to Fight Illegal, Unreported and Unregulated (IUU) Fishing
On 17 December 2020, Oceana hosted an online workshop with the purpose of discussing progress that the marine insurance industry has made in adopting best practices to fight illegal, unreported and unregulated (IUU) fishing. The workshop convened signatories and supporting institutions to an insurance industry statement against IUU fishing that was launched in 2017 at the Our Ocean Conference in Malta.
The workshop was attended by 45 participants representing 15 insurance providers, three associations and eight industry initiatives and non‑profit organizations, all connecting from nine different countries. It was carried out under the Chatham House Rule, meaning that participants are free to use the information received during the workshop, but neither the identity nor the affiliation of the speaker can be revealed. As such, this Rule has been respected in the preparation of this summary report, except in circumstances where permission has been explicitly granted otherwise.
This report is intended to provide an overview of the key issues discussed for workshop participants and for statement signatories, supporting institutions and other interested parties that were not able to attend. In addition, we hope that reviewing this document will provide an opportunity for reflection and that suggestions proposed for how to proceed following these discussions will be supported—in order to ensure that both voluntary commitments and legal obligations are met by all those concerned.

