Industry Segments: Marine Page 10 / 17
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- February 9 2023
Aon names Stephen Rudman as Asia head of marine
Rudman, who joins from Gallagher, will be based in Singapore and reports to Paul Young, head of commercial risk solutions for Asia.
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- January 27 2023
Japan’s carriers support marine war market as deadline looms
(Re)insurers could see a potential US$1bn loss in February for policies connected to stranded ships.
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- January 10 2023
Capital squeeze takes the wind out of Asia marine renewals
War and sanctions have impacted January 1 placements, but far less than the capacity crunch.
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- December 30 2022
Japan’s big three to offer US$60m in Russia-Ukraine marine war cover: report
Total underwriting capacity halved to US$226m despite an additional US$165.8m cover from overseas reinsurers.
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- December 29 2022
P&I insurers to quit war risk cover for Russia and Ukraine from January 1
Exit by reinsurers due to huge losses and lack of retrocession is forcing P&I clubs that cover 90% of ships to stop offering war risks.
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- December 28 2022
Japan’s big three told to continue marine cover in Russia: report
Insurers' plans to exit the business announced last week could affect the country's energy imports of Sakhalin-2 liquefied natural gas, which accounts for 9% of its imports.
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- December 24 2022
QBE Asia P&I rebrands to British Marine
The P&I office in Singapore will be rebranded from January 1, 2023.
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- December 2 2022
West of England names new head underwriters in Singapore and HK
Senior underwriters David Griffiths will take charge in the Lion City and Xuanlun Cai in the SAR.
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- December 1 2022
Howden assumes full ownership of Australian subsidiary AlphaXO
The Sydney-based marine specialist, earlier known as FP Marine Risks, has been part of the global broking group since 2007.
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- December 1 2022
Miller hires from Aon in Asia marine push
Choo Cai Ling joins the broker's Singapore marine team and will report to Nick King, the head of the division.
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- November 30 2022
Zurich relocates UK exec as Australia property and marine head
Evan Moore will start in the newly created Sydney-based role in February.
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- November 29 2022
Tracking Asia’s volatile marine market
Why rates and claims are on the increase and how brokers and underwriters can respond.
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- November 28 2022
Tokio Marine Kiln hires APAC marine underwriter from Chubb
Singapore-based Timothy Wills was most recently marine cargo product manager, Australia at Chubb.
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- November 21 2022
Markel grows Hong Kong office with financial lines specialist hire
Former AGCS underwriter Crysten Fok has joined the Lloyd’s syndicate’s SAR office.
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- November 18 2022
Aviso Group buys marine specialist Australian Risk Applications
It is the fourteenth deal by the Envest-backed broking house, which controls over US$300m GWP.
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- November 17 2022
Gallagher Australia’s Mark Rudman to lead marine specialty
Sydney-based Rudman was the broker's manager for marine, transport and logistics.
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- November 11 2022
Evergreen captive sees ‘favourable’ net claims: AM Best
AM Best expects that marine underwriting results will continue to be the main driver of its bottom-line.
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- November 9 2022
Adva Underwriting brings on board Joanne Chan for APAC marine cargo foray
Chan, who joins the specialist MGA in Hong Kong, will focus on bringing additional capacity in the region.
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- November 7 2022
WTW appoints Oliver Scarr as head of cargo in Asia
Based out of Singapore, Scarr will report to Lewis Hart, head of marine for the broker in Asia.
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- November 2 2022
AGCS hires APAC leaders for marine, energy & construction
Former Ascot exec Sam Bartram leads marine, as Trent Cannings set to join from AIG.
