Industry Segments: Marine Page 14 / 17
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- May 6 2021
Q&A: FM Global’s Tan Hian Hong talks recovery and resilience
The Singapore-based VP also discussed loss prevention in a post-pandemic world.
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- April 16 2021
Singapore’s marine entrants can capitalise on hard market: Gallagher
MGAs are growing in popularity amid recent marine exits from the Lion City.
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- April 14 2021
Suez Canal Authority seizes Ever Given, demands US$900m
The ship's liability insurer, the UK P&I Club, has disputed the "extraordinarily large claim".
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- April 8 2021
Axa XL taps Asia marine head for global role
Singapore-based Sundeep Khera moves to London after being appointed global head of hull and head of marine UK & Lloyd’s market.
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- April 2 2021
Ever Given: uncertainty reigns over losses
Legal disputes could be at the heart of any claims payout.
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- March 31 2021
Ever Given claims to run into ‘hundreds of millions’
A claim may be advanced by the Suez Canal Authority against the owner, an expert tells IAN.
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- March 30 2021
Navigating marine risks as more containers lost at sea
Today, the largest containership in the world has a capacity of 24,000 TEU.
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- March 26 2021
Container ship stuck in Suez Canal to trigger ‘large losses’
Insurers could be on the hook for salvage bill and liability claims from the stricken Ever Given, experts tell IAN.
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- March 19 2021
HK start-up Azure targets freight amid trade recovery
Anmol Sawlani leads the new broker as Hong Kong introduces tax breaks for the marine sector.
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- March 2 2021
Myanmar cargo rates unchanged despite protests: source
An Asia-based marine broker told IAN that Lloyd's is unlikely to designate the country as a listed area.
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- February 25 2021
Hong Kong targets captives, specialty and ILS in budget
Finance chief Paul Chan has outlined tax breaks and plans to expand the captive market.
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- February 1 2021
Hong Kong’s marine sector looks to escape doldrums
Experts tell IAN that a long-awaited tax break and other reforms can transform the city into a maritime insurance hub.
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- January 29 2021
Philip Chan joins The Hartford in Hong Kong
The former Axa XL Greater China head left the specialty player in 2019.
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- January 21 2021
Asia piracy hits five-year high but war rates ‘stable’
Standard Club tells IAN that claims have been relatively low and the region's risk profile remains unchanged.
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- January 13 2021
Insurtech Concirrus hires marine duo for Asia push
The data and tech firm is looking to capitalise on a hardening market.
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- January 11 2021
MSIG Hong Kong hires new marine manager
Cindy Pang previously held cargo and BD roles with Marsh and Tokio Marine.
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- December 14 2020
One Apus container loss to top US$200m
The Japanese-owned vessel lost over 1,800 boxes in the North Pacific in late November.
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- November 20 2020
Tysers hires former Swiss Re and Aon Re execs for APAC push
Jane Smart and Cameron Nicholas will be based in the broker's London office.
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- October 7 2020
Beirut port market loss estimate climbs to US$7.5bn: ACAL
Figure from the Association of Insurance Companies in Lebanon is double previous amount.
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- August 24 2020
Navigating marine risks after Mauritius’ oil spill
The market has faced sustained challenges for years with rising losses and busier seas.
