Underwriting performance of P&I clubs likely to fall in FY25: AM Best
February 20 2025 by InsuranceAsia News
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P&I clubs report tonnage growth during renewals despite industry turbulence
- February 21
Gard, UK P&I and NorthStandard announced successful completion of the 2025 renewal after marine insurers worldwide saw a rise in the number of large claims.
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P&I renewals ‘softer than anticipated’ despite claims, geopolitical pressures
- February 19
Clubs are seeing moderate rate increases while terms and conditions remain stable, but expect strong growth driven by Asia.
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Maritime decarbonisation efforts need liability certainty to stay on course amid ‘pressing challenge’
- February 11
NorthStandard's loss prevention director for decarbonisation Mark Smith calls for clarity in regulation and fuel, with decarbonising the world fleet on the agenda.
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Solomon Islands sue Korea P&I Club, MS Amlin Marine in oil spill lawsuit: report
- February 10
The residents of the island are seeking up to US$38m in compensation for a 2019 grounding of a cargo ship.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
