Industry Segments: Marine Page 16 / 17
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- September 2 2019
ArgoGlobal’s Syndicate 1200 exits Asia and hull risks
The Lloyd's specialty player has decided to take action after "unsustainable" combined ratios.
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- July 26 2019
Piracy increases in the Singapore Strait
Overall piracy incidents are down in the first six months of the year.
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- June 17 2019
Persian Gulf marine war risk premiums soar
An increase in attacks and uncertainty has caused the cost of cover to rise and shipowners to worry.
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- June 6 2019
Too big to sail
The insurance market has not kept pace with the growing size of containerships.
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- June 5 2019
Asia-Pacific marine losses declined in 2018
2018 was a quieter year for shipping incidents in the region but the overall trend is up says Allianz Global Corporate & Specialty.
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- June 4 2019
China Taiping takes Australia footprint with Lion deal
The cargo underwriting facility is the Hong Kong listed insurer's first deal in Australia.
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- May 23 2019
EY’s blockchain platform links with Zhuhai Port
Blockchain initiative to spur innovation in the Greater Bay Area.
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- May 17 2019
Marine premiums in spotlight after Gulf attack
A review is underway across the global marine market following the unexpected incident.
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- March 4 2019
Berkley Asia swoops for Canopius marine underwriter
Quek Keng Seng will bolster Berkley's Singapore team.
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- March 1 2019
Hong Kong boosts marine and specialty lines
Hong Kong's financial secretary set forward several market initiatives this week.
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- November 30 2018
Franzman to swap JLT Re for RKH Specialty
FP Marine to be brought closer to RKH Specialty to grow its marine book in the region.
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- September 19 2018
Marine premiums rise 2% globally
Despite the increase, there is an increasing mismatch between income levels and covered risk.
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- August 31 2018
Hong Kong’s insurance handout
The government will offer tax incentives for the industry as it bids to establish the city as a regional hub.
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- July 20 2018
Shipping losses in Asia buck global trends, continue to rise
Incidents in the South China, Indochina, Indonesia and Philippine maritime region rose by 25% in the past year.
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- April 20 2018
Markel expands Singapore marine underwriting team
Lin Wanshi joins as assistant marine underwriter from Marsh.
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- February 8 2018
XL Catlin names new global hull head
Mike MacColl takes over the position from Mike Talbot, who is retiring after a career spanning 50 years.
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- January 19 2018
Counting the cost of Iranian tanker spill
Insurers are preparing to pay claims on the Sanchi, which sank last weekend after burning for eight days.
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- November 28 2017
Autonomous ships may be uninsurable
Marine executives around the world have expressed concern that insurance may not be available for unmanned ships.
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- November 21 2017
New shipowners’ insurance launched in Hong Kong
The Hong Kong China War Risk Syndicate covers marine hulls for acts of war, piracy and other potential dangers.
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- November 9 2017
Starr remains committed to Singapore market
The reassurance comes after decision to stop underwriting new business through its Lloyds Syndicate 1919.