Line of business: Marine Page 1 / 25
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- December 9 2025
Marine: Amid backlogs and breakdowns, Covid-19 maintenance delays put vessel safety at risk
Asia is at the sharp end of a hidden maritime risk, with post-pandemic machinery-related losses becoming an even more significant issue.
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- December 8 2025
Angie Siu to lead Latitude Brokers’ Hong Kong teams after WTW switch
Hong Kong-based Siu joins from WTW, where she spent over 8 years, most recently as director, marine.
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- December 8 2025
Peter Schraa joins HDI Global Singapore as head of marine
Senior hire underscores HDI Global's commitment to grow its marine underwriting business in Southeast Asia.
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- December 8 2025
P&I clubs all at sea ahead of renewals as they seek to navigate new claims normal
International Group of P&I Clubs are eyeing premium increases ranging from 4-8% in February's renewals.
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- December 3 2025
QBE confirms Sebastian Tjornelund as head of marine underwriting for Asia
He had assumed the role on an interim basis in July.
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- December 1 2025
Opinion: Mutually beneficial to address Hong Kong’s marine war insurance needs
Hong Kong Marine War Risks Insurance Pool will focus on providing marine war risk insurance, covering vessel loss or damage caused by acts of war, piracy, terrorist attacks, and related geopolitical incidents.
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- November 27 2025
UK P&I Club, TT Club in early merger talks
Clubs, which have operated closely under their common manager Thomas Miller, say their boards agreed at meetings this month to explore options.
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- November 26 2025
‘Eventful renewal season’ expected, Marsh says, as 7 of 12 IG group confirm general increases for 2026
Peter Hulyer, head of P&I for UK at the broker, says there are 'mixed messages from the clubs on claims trends'.
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- November 26 2025
Japan P&I announces 5% premium hike for 2026 renewal amid geopolitical tensions, inflationary pressure
Increase applies for owners’ and charterers’ entries, while rates for Japanese coastal vessels will increase by 10% and FD&D will also see a rise of 5%.
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- November 25 2025
Singapore must be ‘go-to-place’ for Asian clients, WTW Asia cargo head Oliver Scarr says
Facing increasing competition from London market, the hub needs to provide solutions to complex and challenging marine risks as accounts migrate.
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- November 21 2025
Swedish Club announces 5% general increase for 2026-27 policy year
Hike would apply to P&I and freight, demurrage and defence (FD&D) policies.
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- November 20 2025
Hong Kong launches marine war risk insurance pool
Initiative, announced by chief executive John Lee earlier this year, is managed by Alliance Risk Transfer and its founding members include China Taiping, PICC, CMB Wing Lung, CPIC and Asia Insurance.
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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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- November 18 2025
China P&I Club launches local Hong Kong mutual
Hong Kong P&I Club will strengthen the territory's position as a 'leading hub for marine insurance.'
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- November 18 2025
NorthStandard takes prudent position on P&I premiums with modest renewal increase
NorthStandard projects premium income of US$930m for 2025-26 against US$886m in the previous year.
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- November 14 2025
Marsh promotes Faizal Jumadi to senior vice president of cargo specialty in Asia
Singapore-based Jumadi joined Marsh from Aon in January 2022.
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- November 12 2025
Bale Gao joins Lockton as vice president for marine, specialty, and reinsurance
Hong Kong-based Gao joins from WTW, having spent just over three years as a marine manager.
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- November 7 2025
‘Concerning’ lack of adequate P&I premiums ahead of renewal, Skuld says
Board has asked Skuld to secure an overall adjustment of 7.5% on premium rates to ensure the continuous strong financial stability at the upcoming renewal, according to president and CEO Ståle Hansen.
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- November 6 2025
Howden launches Japan marine insurance services, names Koji Aragane as director
Aragane recently spent just over five years as CEO of Steamship Mutual's Japan branch.
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- November 4 2025
NorthStandard promotes Jack Marriott-Smalley to APAC underwriting head
He most recently served as the head of Southeast Asia Pacific, holding the position since September 2023.
