Marine Insurance

2024 Policy Address: Hong Kong aims to boost marine insurance offerings

HKIA is also pursuing opportunities with the China Export & Credit Insurance Corp.

Tokio Marine, Marsh launch port disruption insurance

Standalone coverage provides up to $50m in capacity for losses.

What will drive the Thai general insurance market to reach $10.9b by 2028?

Motor, the largest segment, is expected a boost from EV registrations.

How did marine insurance premiums fare in 2023?

Europe and Asia showed strong development in the cargo insurance market.

Tokio Marine Kiln enhances APAC team with new underwriter

She brings over 20 years of marine insurance experience.

Korea P&I Club's conservative investments support stability

KP&I has implemented general premium increases.

Marsh's $50m facility to tackle growing port issues

The facility is backed by insurers from Lloyd’s of London and the London market.

QBE Asia stresses stronger insurer ties for marine sector

China, Japan, and SG comprised 70% of the GVA  in the region’s marine sector.

Russian marine insurers secure India's approval: Report

The approval came after the Russian National Reinsurance Company provided financial guarantees.

NorthStandard forges partnership with AI platform for safer marine navigation

The global marine insurer will include the AI-based solution in its digital resources.

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.

Chubb expands marine insurance in the Philippines, Malaysia

Jeanette Cebeda and Owen Poh have been named heads for both markets, respectively.

Fishery experts recommends climate insurance for Indian fishermen

This could help mitigate risk following natural calamities.