Marine Insurance
West P&I relocates office as Asia shipping portfolio grows
West P&I relocates office as Asia shipping portfolio grows
Club serves over 1,800 vessels across Chinese and Vietnamese shipping markets.
4 days ago
India builds $1.4b maritime insurance pool to cut foreign reliance
The scheme will cover hull cargo liability and war risks for Indian linked vessels.
High insurance costs limit Arctic shipping to niche cargo
Routes can cut sailing distance by up to 40% between Asia and Europe or North America.
India expands Russian insurers to secure oil shipping cover
The approvals raise the total number of authorised providers to 11 for marine risk protection.
Asia’s marine insurers face rising losses from climate labour risks
Extreme weather frequency hits its highest level in 5 years whilst crew shortages strain operations.
Reinsurers reprice risk as Hormuz disruption hits oil flows
The waterway carries about 20% of global crude supply and a large share of LNG shipments.
How IUMI says marine cover endures despite Middle East strain
The industry body identifies cargo hull liability and offshore energy as lines still in place.
Protection and indemnity clubs hike rates for 20 Feb renewal: AM Best
Mutual marine insurers target pricing adequacy to offset 2024/25 underwriting deficit.
Maritime insurers back e-Bills as Singapore pushes digital trade shift
Four TradeTrust platforms now approved by P&I clubs for insurance coverage.
Hong Kong marine insurance faces talent and coordination gaps
Specialist training tech change and cross-service alignment flagged as critical priorities.
Uninsured subcontractor error exposes limits of marine survey contracts
An architect supplied incorrect information to the marine surveyor.
Allianz Commercial forms insurance partnership to expand marine cover in Asia
The initial focus will be on Hull and Machinery cover for coastal and inland tonnage.
Insurers must expand cyber protection as Singapore shipowners upgrade security
Insurers must update underwriting as cyber navigation disruptions rise.
Marine insurance market to stay soft for up to two years
This is likely due to sustained competition, rising capacity and increased participation.
NorthStandard names Michael Hustler as new APAC head
He succeeds David Roberts, who will leave in February 2026.
Marsh says P&I clubs remain cautious despite strong capital buffers
The outlook for the 2026 renewal season remains uncertain.
HKIA welcomes policy address with marine risk pool opportunity
The regulator said it will create new bussiness opportunities.
Thought Leadership Centre
In Association with
Most Read
1. Why Thai finance firms push AI as human oversight limits automation 2. Tokio Marine Life Insurance Singapore reels in ex Etiqa CEO 3. Banks waste AI spending without workflow redesign as only 10% see gains 4. Why banks must become gatekeepers or accept commodity status 5. India insurers reject 20% of recent claimsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Event News
From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
