Global Cargo Insurance Industry
Tokio Marine, Marsh launch port disruption insurance
Standalone coverage provides up to $50m in capacity for losses.
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Success in both markets relies heavily on how they’ll navigate uncertainties.
Global cargo insurance premiums reached $17.2b in 2020
Outlook for 2021 however looks bleak.
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1. MAS proposes governance updates for banks and insurers 2. Monee and Great Eastern launch travel and motor cover on Shopee 3. Allianz Insurance Singapore names Ong Bi Ying CEO 4. Asian legacy planning rises as preservation fears persist 5. Insurers boost facultative reinsurance use for growthResource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
Commentary
From selling policies to managing risks: The power of AI driven policy gap analysis
Reinsurance beyond borders: How Hong Kong can strengthen Asia’s risk-sharing architecture
Hong Kong’s insurance boom is facing a financing test