Line of business: Marine Page 1 / 23
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- October 30 2025
Rokstone sets sail for marine growth in Asia amid regional expansion
Two weeks into the operation, the marine specialty MGA in Singapore has already started binding policies, managing director Rama Chandran told InsuranceAsia News' Between the Lines podcast.
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- October 29 2025
Kiwi P&I specialist Maritime Mutual accused of providing coverage to sanctioned oil: reports
Carrier denies breach amidst investigations over allegation of facilitating tens of billions of dollars of Iranian and Russian energy products since sanctions.
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- October 28 2025
Cargo insurers brace for distortion of established shipping patterns amid US-China trade war
Recent escalation following Chinese port fees could bring volatility, accumulation risks, political as well as contractual uncertainty and require commercial adjustments, underwriters say.
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- October 27 2025
Russian stranded assets now viewed as US$10bn market loss
The bulk of the loss is also likely to be absorbed not by the aviation war market, as originally thought, but actually by the marine market.
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- October 23 2025
London P&I Club opens representative office in Shanghai
The new office in Mainland China is led by Wenjia Gao and reflects the club's long term commitment to Asia, according to chairman John Lyras.
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- October 16 2025
Charles Taylor expands marine technical footprint in India, Qatar with Soteria associateship
This collaboration is in addition to the existing associate, SKAAD Insurance Surveyors & Loss Assessors in India.
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- October 14 2025
Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 13 2025
China Re-backed broker Huatai partners with BMS Group for marine initiative
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
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- October 6 2025
Rokstone adds 2 veteran marine underwriters to Singapore team
Specialty MGA is building out its Singapore hub led by Rama Chandran.
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- October 3 2025
+8 Partners-owned Arete Adjusting expands to APAC with Hong Kong office
Cargo, liability, and logistics industry claims adjuster will be led in the region by Yuxing Ao.
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- October 2 2025
Tokio Marine Kiln to provide US$25m capacity for Rokstone Singapore
Lloyd’s carrier will provide 100% of the MGA’s Rama Chandran-led regional operation.
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- September 24 2025
Bedrock of offshore energy market facing structural threat from technology amid underwriting disquiet
Statistics show that offshore energy premiums declined to US$4.34bn in 2024, representing a 7.9% fall compared with the previous year.
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- September 22 2025
Opportunity knocks for marine insurers, Sompo’s David Ong says, as tariffs redraw Asia’s intra-trade landscape
As pricing pressures and evolving risks bite, the Japanese carrier is empowering local underwriting teams to help it become a 'truly international carrier of Asian origin'.
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- September 19 2025
Long term, profitable lines to sustain Samsung Fire & Marine’s underwriting profitability: AM Best
Global rating agency affirms a financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (ICR) of aa+ (Superior) to Samsung Fire & Marine and its subsidiaries.
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- September 17 2025
Hong Kong proposes marine risk pool in maritime push
Chief executive John Lee said in his annual policy address that the government would also promote exclusive captive and reinsurance businesses, as well as develop insurance products for the low-altitude economy.
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- September 16 2025
China Taiping Insurance appoints Bin-Hao Nah as marine cargo section head in Singapore
He joins from Howden, having also worked for Marsh McLennan, Aon, Newstate Stenhouse, and Beazley.
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- September 15 2025
IUMI 2025: 3 takeaways from Singapore as marine market braces for a new era of global trade
Marine premiums, globalisation and energy dominated discussions at the annual International Union of Marine Insurance (IUMI) conference in Singapore last week.
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- September 12 2025
Berkley Insurance Asia appoints Jennifer Yeoh as marine claims manager
With extensive in maritime claims, Yeoh will enhance the (re)insurer's claims operations and support its continued growth.
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- September 11 2025
Cargo market urged to focus with entire landscape under threat as US tariffs ‘make everybody nervous’
Cargo committee chair Mike Brews delivered the warning on the final day of the International Union of Marine Insurance’s (IUMI) annual conference in Singapore.
