Japan’s big three to offer US$60m in Russia-Ukraine marine war cover: report
December 30 2022 by Mithun Varkey-
South-East Asia accounts for a third of global ship losses in 2023: Allianz Commercial
- May 24
South China, Indochina, Indonesia and the Philippines, is the main ship loss hotspot globally last year.
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Red Sea crisis has created new breed of maritime risks: Howden’s Morley
- May 9
The broker's dedicated war cargo cover, the first for an active conflict zone, has seen significant response from Asian cargo owners and manufacturers, associate director Ellis Morley tells IAN.
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More IG P&I clubs introduce buyback for Red Sea war risks from February 20
- February 21
Some of the clubs will have the Red Sea and the Russia, Ukraine, Belarus excluded areas combined under the same structure with the new reinsurance panel.
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Skuld cancels Red Sea war cover following notice by reinsurers
- February 14
The notice of cancellation will come into force on February 20, following which the war risk cover for assureds will be terminated automatically for trading or being within Gulf of Aden and Southern Red Sea and other specified areas.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.