Line of business: Marine Page 1 / 21
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- August 15 2025
Insurer warns of jumbo problems amid bulk cargo concerns at Asian ports
Ian Barr, chief claims officer at The London P&I Club, addresses the issue of flexible intermediate bulk containers, with particular problems noted in loading at some Chinese ports.
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- August 12 2025
Lockton India appoints Darshan Parikh as senior director to corporate solutions group
Mumbai-based Parikh joins the broker following seven years at Marsh, and will be responsible for driving growth and expansion within the marine, aviation, and space practices.
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- August 11 2025
Howden brings on board Shipowners’ Hari Subramaniam in Asia marine leadership role
Singapore-based Subramaniam has been appointed chief commercial officer for marine, cargo and logistics Asia.
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- August 11 2025
Markel eyes Australia marine growth with senior hire
Markel is expanding its marine offering in Australia beyond long tail lines with the appointment of Tim Wills.
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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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- August 7 2025
K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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- August 6 2025
Red Sea ‘hot topic’ creates opportunities for insurers, with capacity not a major problem despite Houthi escalation
Hannah Chua, legal director in Clyde & Co’s energy, marine, and natural resources team in Singapore, says the market has learned lessons from the past.
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- August 4 2025
Willis appoints Azad Kumar as energy, construction, marine growth leader in India
Mumbai-based Kumar joins the broker from UIB Insurance Brokers, where he was head of energy.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 17 2025
Asian clients, suppliers facing choppy waters with cargo market braced to navigate intensifying geopolitical risks
Markel's Brook Styles and Wanshi Lin discuss the impact of the conflicts in the Middle East, plus the Russia–Ukraine war and the US tariff regime.
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- July 14 2025
Miller launches South Korea marine practice after Marsh team raid
KyungSeop (KS) Shim will lead the new team as head of specialty, and is joined by Justin Roh, Hana Jung, and Jayce Park.
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- July 11 2025
War risk premiums up ‘substantially’ after deadly Houthi attacks, Skuld says
War risk premiums have risen to about 0.7% of the value of a ship from 0.3% last week, according to a report by Reuters.
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- July 8 2025
India mandates Ace Insurance Brokers to study feasibility of local P&I club setup: report
The move comes two years after finance ministry flagged the need for establishing a full-fledged, India-owned P&I entity.
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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 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
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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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- July 2 2025
Tysers takes Marsh’s Graham Gordon as marine divisional director in Singapore
Gordon will report to the AUB-owned specialist broker's APAC head of marine, William Furness-Smith.
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- June 30 2025
Generali promotes Jonathan Wong to GC&C Asia head of marine underwriting
He replaces Kelvin Chan, who had held the role since June 2019.
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- June 27 2025
‘Asia is core to our strategy’: Swedish Club out to ‘broaden footprint’, with China and India on the radar
Underwriting director Thorbjörn Emanuelsson also tells InsuranceAsia News about the challenges facing the P&I club, including the dark fleet and Donald Trump's tariffs.
