Marine Insurance
Allianz Commercial forms insurance partnership to expand marine cover in Asia
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.
Cargo premiums rise 1.6% to $22.64b in 2024
The largest growth came from China.
Ocean hull premiums grow as fleet value climbs to $1.54t
Asia-Pacific accounted for 35% of market premiums.
Singapore strengthens marine insurance with new digital platform
It will also expand marine insurance education and internships to grow local talent.
Kennedys adds marine expert Iain Anderson as Singapore partner
He has been based in Singapore since 2010.
Marine insurers urged to tackle modern slavery risks: IUMI
Modern slavery affects an estimated 28 million people.
Markel Insurance names Tim Wills head of Marine in Australia
This marks the company’s first expansion in Australia beyond the long-tail lines.
Guy Carpenter names Hakes global head of Marine, Energy and Technical Lines
He has over two decades of experience in the industry.
Cargo insurance market to grow 4.2% through 2029
The market is expected to bag $70b.
Indonesia launches marine trust to fund coral reef insurance
Swiss Re is a key partner in this initiative.
Philippines, FAO push insurance access for small fishing vessels
The country offers subsidies, flexible payment schemes, and simplified products.
Lockton announces new head of marine, energy
She joins Lockton with 13 years of experience from Howden Malaysia.
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