Industry Segments: Marine Page 1 / 15
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- September 11 2024
Tokio Marine Kiln expands APAC marine team with underwriter hire
Singapore-based Stephanie Hong joins the Lloyd's player as Asia Pacific marine underwriter from Great American Insurance.
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- September 11 2024
Low claims, growing reserves keep P&I market on steady course
Although the headline figures look strong, some of the biggest clubs have reported underwriting losses as several need to correct results, while others take a softer approach.
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- September 9 2024
Multi-peril risks fuel demand for cat coverage: Hannover Re
The reinsure anticipates prices and conditions to remain stable for the January 1, 2025, treaty renewals with supply and demand in most markets remaining balanced.
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- September 3 2024
Port congestion cover demand surges as geopolitical tensions lead to Asian terminals overload
As Red Sea attacks continue, the blockages in Singapore and Malaysia’s Port Klang and Tanjung Pelepas has led to supply chain disruptions, with nat cats making the regional risk landscape more complex.
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- September 2 2024
Aon appoints Oliver Miloschewsky as head of shipping for Asia
Hong Kong-based Miloschewsky, who joins from MGA Nexus Underwriting, will report to Stephen Rudman, head of marine, Asia
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- September 2 2024
Aon hires Munich Re veteran as senior shipping specialist, Japan
In his new role, Hide Akagi will take on the role of business development for the shipping team in Tokyo and report to Stephen Rudman, head of marine for Asia.
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- August 22 2024
Axa XL appoints Daniel Su as marine cargo underwriter in Hong Kong
Su has over 20 years of (re)insurance underwriting and broking experience focusing on the north Asia marine markets.
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- August 20 2024
BHSI ropes in AIG’s Tim Air as executive underwriter for marine, Australasia
Melbourne-based Air has 25 years of experience in leadership and distribution roles across both Australia and New Zealand.
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- August 20 2024
Renewables fuel Munich Re Specialty Asia syndicate’s regional diversification strategy
Following the rebranding of all primary specialty insurance entities under one brand, Munich Re's APAC underwriting hub in Singapore is diversifying away from its traditional focus on marine and energy and also expanding into cyber, political risks, financial lines.
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- August 19 2024
Aon brings on board Marie Pelton as cargo and logistics associate director for Asia
Singapore-based Pelton, who joins from Filhet-Allard Maritime, will work with the regional director of marine, Nick Chapman,
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- August 7 2024
AIG brings on board BHSI’s Anouk Sireude as Pacific head of ocean marine
This is AIG's fourth hire from the specialty insurer over the last few weeks in Australia and the third from the marine underwriting team.
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- August 6 2024
Insurers urge BI planning as Asian shippers buckle under supply chain pressure
Cascading impacts of geopolitical conflicts, extreme weather events and the Baltimore bridge collapse are testing the resilience of supply chains, with carriers warning of significant impact on the risks they cover.
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- August 5 2024
Markel strengthens APAC team with four hires in Hong Kong and Singapore
Jenny Choi and Anna Tan join the carrier in Hong Kong as senior underwriters for casualty and fine art & specie, respectively, and Olga Wong and Isabelle Wong have been hired as senior underwriter for professional financial risk and cargo underwriter in Singapore, respectively.
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- August 3 2024
Maritime energy transition: Data dialogue key to achieving decarbonisation goals
Collaboration and shared learning amongst stakeholders will be vital to getting full value from the data captured as well as in achieving regulatory goals. The International Maritime Organisation’s (IMO) greenhouse gas (GHG) strategy is to reach net-zero emissions from international shipping by or around 2050, and there are various checkpoints to meet along the way. […]
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- July 29 2024
AIG strengthens Pacific team with two senior BHSI hires
The specialty carrier has appointed Jason Sheehan as head of commercial property and business pack, Australia, and Niall O'Connell as head of inland marine, Pacific.
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- July 29 2024
AIG lands BHSI’s Dimitry Zilberud as APAC head of marine
Sydney-based Zilberud was most recently senior vice president, head of marine – retail, US and Australasia, at Berkshire Hathaway Specialty Insurance.
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- July 24 2024
Great American Insurance taps Chubb’s Julie Leng as marine underwriter
Leng, who was an assistant manager based in Kuala Lumpur, joins the Great American's Singapore branch.
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- July 24 2024
HDI Global hires Stuart Routledge as New South Wales marine underwriting manager
Sydney-based Routledge joins from RedSky Insurance where he was senior marine underwriter specialising in cargo insurance for over three years.
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- July 8 2024
HDI Global hires Sangeeta Chandra as Queensland marine underwriting manager
With over two decades of the industry experience, Brisbane-based Chandra joined from Steadfast Group-backed NM Insurance.
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- July 3 2024
S&P affirms “stable” outlook on Allianz Fire and Marine Insurance Japan
Ratings are based on the likely support the Japanese insurer would get from the parent company during times of financial stress.
