Japan’s big three to offer US$60m in Russia-Ukraine marine war cover: report
December 30 2022 by Mithun Varkey
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Global marine insurers bet on Asia amid growing geopolitical concerns
- September 19
The International Union of Marine Insurance sees the region accounting for almost a third of the premium as an opportunity to grow its membership as war risks, sanctions and embargoes are affecting global shipping.
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South-East Asia accounts for a third of global ship losses in 2023: Allianz Commercial
- May 24
South China, Indochina, Indonesia and the Philippines, is the main ship loss hotspot globally last year.
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Red Sea crisis has created new breed of maritime risks: Howden’s Morley
- May 9
The broker's dedicated war cargo cover, the first for an active conflict zone, has seen significant response from Asian cargo owners and manufacturers, associate director Ellis Morley tells IAN.
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More IG P&I clubs introduce buyback for Red Sea war risks from February 20
- February 21
Some of the clubs will have the Red Sea and the Russia, Ukraine, Belarus excluded areas combined under the same structure with the new reinsurance panel.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
