Line of business: Hull Page 1 / 1
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- April 2 2026
Canopius boosts APAC energy, construction and marine teams with triple promotion
Johnny Kim has been promoted to APAC and MENA head natural resources and construction, Meiding He to APAC head of marine hull, and Sharon Tan to underwriter for energy and construction.
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- March 24 2026
‘This is not accurate’: LMA insists lack of war insurance cover not reason for limited Strait of Hormuz activity
US President Donald Trump extends his deadline for Iran to reopen the key waterway, saying the US would hold off on power plant strikes for five days.
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- March 22 2026
Chubb reveals plans for US$20bn Strait of Hormuz reinsurance coverage
Initiative is a public-private partnership between the International Development Finance Corporation, Chubb and other name-brand American insurance companies that will act as reinsurers.
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- March 19 2026
Insurers brace for fallout as Iran conflict ‘not a single-line issue’
Industry expects the ripple effects of the conflict to drive disruption-related losses, rather than physical damage.
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- March 19 2026
Strait of Hormuz hull, cargo headline rates jump 400%+ as war risk pricing remains ‘highly volatile’
Large operators with strong commercial leverage and effective broker support can reduce premiums substantially through mechanisms such as no-claims bonuses, brokers and underwriters told InsuranceAsia News.
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- February 11 2026
Sedgwick lands Chad Cillie as marine surveyor
He has over 18 years specialising in pleasure, fishing, and commercial vessels.
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- January 9 2026
Lockton boosts cargo, marine team in Singapore with double move
Broker appoints Li Lin Kea as head of cargo and logistics, regional transportation for Asia, and promotes Cindy Khoo to head of marine and offshore, regional transportation for Asia.
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- December 22 2025
QBE Asia makes double leadership appointment within Singapore marine team
Kelly Lim and Alex Lim will report to Sebastian Tjornelund, who was recently appointed as head of marine for QBE Asia.
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- November 18 2025
Allianz Commercial, Coastal Marine team up for APAC marine hull coverage
Partnership will initially focus on Coastal Marine's core offering of hull and machinery for coastal and inland tonnage in Indonesia, Singapore, Malaysia, Thailand, and Hong Kong.
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- August 18 2025
Rising risks redefine marine insurer-clients relationships: IUMI’s Lars Lange
As the industry body prepares to host their annual conference in Singapore, sanctions and geopolitical risks continue to dominate concerns for carriers.
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- August 11 2025
MSC Elsa 3 owner seeks to cap liability as Indian state government files US$1bn suit
The lawsuit by the owner of the container ship that sank off the India coast seeks to limit the amount of potential claims to US$14.2m citing the large number of claims already filed.
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- July 8 2025
Cambiaso Risso expands to Hong Kong, eyes Philippines entry
Italian marine broker's new office in the SAR will be led by Swedish Club's Lars Malm and service the greater China region.
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- July 3 2025
XL Insurance Company SE appoints Australian MGA Quay Marine Insurance as coverholder
Quay Marine can now underwrite commercial hull, marine liability, and cargo risks on behalf of XLICSE, which is part of Axa XL.
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- June 11 2025
‘No hope of recovery’: MSC Elsa 3 salvage efforts begin in India, but total loss expected
NorthStandard is understood to be the claims leader for the Liberian-flagged container ship that sank last month off the coast of India.
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- May 27 2025
Geopolitical tensions could offset reduction in maritime losses from traditional causes: Allianz Commercial
Trade wars may open a new chapter for alternative routes if suppliers and exporters look to redirect goods to adapt to any new environment and tariffs.
