Line of business: Marine Page 1 / 32
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- November 4 2026
Shipowners Club sees rising P&I reinsurance costs due to Middle East conflict, Baltimore Bridge collapse
Club declines to pass any cost on to its members during the 2027 renewals
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- November 4 2026
Lockton adds veteran Aon marine executive Evelyn Hoh to Asia transportation team
She was with Aon for almost 19 years, holding various senior marine roles.
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- November 2 2026
Allianz Commercial Japan taps Katsuya Kobayashi as head of marine
He has more than 30 years of insurance industry experience, according to a LinkedIn update from Brian Jinzenji, managing director for Japan and South Korea.
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- October 28 2026
APAC powers marine insurance growth amid soft market as China consolidates dominance: IUMI
APAC accounted for 30.8% of the US$42.6 billion global marine insurance market in 2025, according to International Union of Marine Insurance (IUMI) data.
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- October 28 2026
Baltimore Bridge claim, geopolitics set to push P&I reinsurance costs higher as Lockton forecasts 5% average increase for 2027
With large increases expected at the upcoming group reinsurance renewals, International Group of P&I Clubs will have to strike a balance between general increases and capital returns, Lockton says.
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- October 22 2026
‘Defining moment’ as UK P&I Club, TT Club complete Thomas Miller acquisition
Joint acquisition marks a major milestone in the creation of the United Transport Mutual in February.
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- October 22 2026
Oneglobal ships in Maxence Servelle to lead Asia cargo
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
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- October 21 2026
Skuld’s Wei Fan to take Hong Kong helm in late 2027, Patrick Wang to chair Far East unit
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
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- October 15 2026
China P&I formally applies to join International Group of P&I Clubs
Application will be considered during the coming months, but will not impact the 2027 renewals.
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- October 15 2026
Singapore-flagged container vessel sunk in Strait of Hormuz ‘matter for war risk underwriters’, West says
GFS Pride was struck by an unknown projectile, although all 21 crew members were safely evacuated and no injuries have been reported, according to the Maritime and Port Authority of Singapore.
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- October 14 2026
‘Sense of fatalism’ abounds over assessment of impact of conflict on supply chains
The market struggles to innovate on supply chain contingent business interruption and to quantify manufacturing network and financial contagion risk, Russell Group’s Suki Basi says.
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- October 9 2026
TT Club and UK P&I Club members vote to merge, creating Unified Transport Mutual
The combination is effective from February 20 next year and is expected to generate a 5% improvement in the merged entity’s COR.
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- October 2 2026
Steamship promotes Peter Jones to underwriting director in Singapore
Prior to joining the P&I club as an underwriting manager a year ago, he worked for Thomas Miller and UK P&I for over 16 years in total.
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- September 28 2026
India’s US$1.5bn marine risk pool surpasses 3,000 cargo war policies
Bharat Maritime Insurance Pool has also issued 92 hull war-risk policies and three protection and indemnity insurance policies since its creation in May.
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- September 25 2026
Chubb elevates Lulu Tsai to head of marine, specialty for Hong Kong
She has nearly two decades of experience, with expertise across cargo, freight forwarders liability, hull, and fine art and specie.
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- September 24 2026
New IUMI president Sean Dalton sets course for diversity and inclusion, education, AI, sustainability
He was elected unopposed to replace Frédéric Denèfle during the annual conference in Rotterdam.
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- September 24 2026
Cargo crime crisis meets US$3bn Dali fallout as global marine insurance buckles under twin threats
Asia-centred cargo market faces organised criminal gangs armed with AI and record theft costs, while the Baltimore bridge casualty pushes P&I clubs toward overspill territory.
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- September 23 2026
‘Calculated risk, not uninsurable’: marine insurers urged to stay the course amid Strait of Hormuz conflict
US Rear Admiral Matthew Kawas tells the opening day of the International Union of Marine Insurance (IUMI) annual conference in Rotterdam to 'let us handle the torpedoes', urging insurers to keep covering transits of the key waterway.
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- September 22 2026
QBE Australia adds James Butchart as national marine, aviation portfolio specialist
He was previously head of marine for Zurich Australia, where he spent over 14 years.
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- September 21 2026
HDI Global adds Rebekah Khew, LiLian Lau to North Asia underwriting team
Rebecca Kong had already been appointed as North Asia head of distribution and strategic partners last month.
