Line of business: Marine Page 2 / 20
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- June 5 2025
Specialty MGA Rokstone drops anchor in Singapore with QBE’s Rama Chandran at helm
Backed by a multi-year, US$25m Lloyd’s capacity, the London-based (re)insurer's Asian business is expected to underwrite all marine classes.
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- May 30 2025
Howden bolsters Asia marine practice with Markel hire
Zita Fok joins the broker in Hong Kong as divisional director for marine, cargo and logistics.
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- May 29 2025
With delays becoming the new norm for Asia’s cargo market, intensifying risk aggregation threatens capacity
Data shows port congestion issues have significantly worsened, forcing underwriters to rethink their strategies.
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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.
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- May 27 2025
Miller’s Japanese arm names Tokio Marine veteran Naoteru Akigami as CEO
Tokyo-based Akigami took over as head of Lead Insurance Services last month, succeeding Toru Suzuki, who now serves as executive chairman.
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- May 27 2025
Beazley strengthens APAC team with double promotion
Singapore-based Kwang Hoon Song and Steven Hatton have been handed expanded marine and political, accident, and contingency risks roles by the specialty insurer.
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- May 21 2025
Marsh appointed broker for Royal Australian Navy’s maritime insurance program
Program may include six new Hunter-class frigates, three Hobart-class destroyers, 11 new general-purpose frigates, six new large optionally crewed surface vessels, as well as naval infrastructure precinct in South Australia.
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- May 20 2025
Gallagher India appoints Venu Matoory as oil, gas and petrochemical risk specialist
Mumbai-based Matoory will be driving growth in the specialised segment of crude, chemical, and gas tankers, using his on-ground experience as an ex-mariner.
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- May 16 2025
Tokio Marine Indonesia to sustain strong capital buffers, overall earnings: AM Best
AM Best affirmed its insurer rating of A- (excellent) with a stable outlook.
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- May 16 2025
Gallagher ships in Aon’s Sanjay Mehra as head of marine in India
Mumbai-based Mehra previoulsy worked for Aon, Marsh, K.M Dastur, Howden and ICICI Lombard.
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- May 13 2025
India-Pakistan tensions put pressure on pricing, capacity as carriers remain cautious
Market is unlikely to face significant losses due to limited appetite for risks associated with high exposure near the border region, says industry expert.
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- May 12 2025
Korea P&I club gets rating outlook downgrade as 2024 COR climbs to 204%: AM Best
Rating agency has revised the outlook to negative from stable and affirmed the financial strength rating of B++ (Good) and the long-term ICR of bbb+ (Good) of the club.
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- April 28 2025
Sompo appoints Kathleen Chin as APAC marine underwriter
She spent the last two years as an account manager for Oneglobal Broking, having also worked for the likes of Munich Re Syndicate Labuan and Guy Carpenter.
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- April 28 2025
Skuld CEO calls for inclusive approach to secure level playing field for ship owners
Stale Hansen discusses India's P&I ambitions, following in China's wake, and the high-stakes challenges of growing dark fleet.
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- April 24 2025
Asia port accumulation risks resurface as Trump’s trade war continues
Potential slowing down of trade between China and the US puts the region's container ports back in the spotlight.
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- April 16 2025
Markel to buy P&I specialist MGA Meco
The MGA with presence in Shanghai, London and Dubai will integrate into the specialty (re)insurer but will continue to operate through its brands Charterers P&I Club, Transmarine and Aurora P&I.
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- April 11 2025
‘Tariffs are just one piece of the puzzle’: Aon’s Asia head of shipping
Oliver Miloschewsky tells IAN's Between The Lines podcast that 'tariffs are easy to impose, but the effects tend to be very long-term'.
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- April 10 2025
US tariffs may slow premium growth in trade-related P&C lines, raise claim costs: Moody’s
Supply chain disruptions and lower trade volumes could significantly reduce insurance demand for certain lines in Asia like marine cargo and credit.
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- April 1 2025
Gard appoints Akira Arii as senior adviser, Japanese branch representative
Appointment comes ahead of the retirement of Shuichi Yoshida, who has held the position since 2022.
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- April 1 2025
Chubb promotes senior Hong Kong trio
Patrick Wong assumes role of head of global client executive, with Queency Chau and Barry Yu also promoted.
