Industry Segments: Marine Page 8 / 14
-
- August 3 2022
APAC marine, aviation and transit GWP to hit US$16bn in 2026: GlobalData
The Regional Comprehensive Economic Partnership is set to help spur growth.
-
- August 1 2022
MGA Rokstone eyes Asia cat market opportunity
The specialty player has regional capacity and wants to expand as pricing hardens and terms improve.
-
- July 28 2022
Markel International hires two underwriters in Hong Kong and Singapore
Zita Fok becomes a marine underwriter while Dawn Soh joins as a fine art and specie underwriter.
-
- July 25 2022
Marine, property and liability drive China Merchants Insurance’s premium growth: AM Best
The Hong Kong insurer's premium revenue grew by 11.8% in 2021.
-
- July 19 2022
P&I club Skuld could be downgraded on underwriting performance: S&P
The marine player, which has Hong Kong and Singapore offices, is selling Lloyd's subsidiary Asta.
-
- July 12 2022
APAC free trade pact could boost premiums by US$29bn
With 16 countries involved, RCEP will increase demand across lines including marine, trade credit and engineering.
-
- July 8 2022
Miller acquires Japanese marine broker Lead Insurance Services
Lead specialises in hull, war risks and protection & indemnity.
-
- July 6 2022
Rare Earth’s Martin Ham takes on UK, Europe role
Ham has relocated from Hong Kong and was most recently the broker's binder and facilities director.
-
- June 30 2022
Sanctions could shift more marine premiums to Asia
The ongoing Ukraine conflict could see more hull and cargo underwriting activity transferred to the region.
-
- June 28 2022
The London P&I Club appoints Deborah Yu as Hong Kong manager
Fiona Pounds to become deputy general manager amid four other appointments.
-
- June 22 2022
MSIG Hong Kong to maintain ‘modest’ GWP growth: S&P
Growth expected from employee compensation, marine and travel insurance recovery.
-
- May 26 2022
China marine profitability won’t bounce back on its own
With large state-backed companies aggressively growing market share, competition is fierce.
-
- May 11 2022
Number of shipping losses in South China falls: AGCS report
One in five shipping losses still come from the region - the highest in the world.
-
- April 4 2022
Evergreen declares general average for stricken Ever Forward
The firm has hired adjuster Richards Hogg Lindley as it seeks to free the Hong Kong-owned vessel.
-
- April 1 2022
Fires, Covid and war weigh on marine lines in Asia
Tanker fires in Thailand, China lockdowns and war in Ukraine make for a gloomy outlook.
-
- March 29 2022
Losses expected as Thai oil tanker explodes
The Ampar 8 was built in 2007 and is owned by Ayudhya Development Leasing.
-
- March 23 2022
Insurers see large rise in Asia marine cyber GWP
But as loss ratios and prices increase, retaining momentum in the sector may not be so easy.
-
- March 17 2022
AGCS targets 10% GWP growth in Asia: global CFO
The specialty player is exploring new partnerships in the region, says Claire-Marie Coste-Lepoutre.
-
- March 16 2022
Standard Club and North P&I merger talks piques interest in Asia
The two P&I giants have already started reaching out to members and brokers.
-
- March 16 2022
Evergreen container ship runs aground, insured loss remains unknown
One year after a sister ship was stuck in the Suez Canal, the Ever Forward is stranded near Maryland.
