Marine Insurance
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.
Markel announces new head of marine liabilities for Singapore
She previously worked at Munich Re Specialty.
Asia-Pacific leads in marine insurance market share with 28%
Thanks to expanding manufacturing sector and increasing maritime trade.
Singapore’s general insurance industry to grow 6.2% CAGR by 2029
The industry is expected to expand by 8.0% in 2024.
Tokio Marine Kiln appoints new marine leader for APAC
Ampatzis joins TMK from Starr 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.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness