Line of business: Marine Page 2 / 31
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- July 27 2026
‘I haven’t seen risk this high for years’: shipping industry veteran Tim Huxley on unprecedented pressures facing shipowners
Escalating hostilities are driving up shipping costs, but cover remains available as insurers price risks pragmatically, Mandarin Shipping chairman tells InsuranceAsia News' Between the Lines podcast.
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- July 24 2026
New LMA clause voids cover for ships paying Strait of Hormuz transit fees
Clause was developed in response to concerns about applicable sanctions and terrorism legislation.
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- July 21 2026
Lloyd’s coverholder Salt hires Chris Dent as marine manager
Sydney-based Dent, who has more than 20 years of marine insurance experience, joins from QBE.
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- July 20 2026
Marsh Risk bolsters Asia marine team with trio appointment
Michael Walls, marine, cargo and logistics leader for Asia, confirms the appointments of Deborah Errappa, James Gargrave joining and Haroun Shadid.
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- July 17 2026
QBE promotes Angus Cheung to market lead for hull and liability in North Asia
Hong Kong-based Cheung will be responsible for its hull and liability portfolio across greater China, Vietnam and Japan.
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- July 16 2026
Markel strengthens greater China marine capabilities with Shanghai risk engineer hire
Shanghai-based Vincent Wang brings more than 16 years of experience across marine operations, surveying and engineering consultancy.
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- July 16 2026
AIG elevates Anouk Sireude to Pacific head of marine
She has been with AIG in Australia for two years.
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- July 16 2026
Starr appoints Sparks Lai as head of business development for marine in North Asia
Hong Kong-based Lai joins from Generali Global Corporate & Commercial.
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- July 13 2026
Markel strengthens Asia claims team with India appointment
Insurer appoints Sarika Sagar Gadekar as a claims adjuster, with a focus on marine claims, and will be based in Mumbai.
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- July 9 2026
Vero Insurance New Zealand hires Chloe Donnelly as marine underwriter
Auckland-based Donnelly joins from Aon, where she spent four years as a marine account executive.
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- July 9 2026
QBE Asia appoints James Lo as market lead for cargo, marine underwriting
Hong Kong-based Lo joins following over 12 years at HDI Global, where he was most recently head of marine for North Asia and lead underwriter.
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- July 7 2026
‘Substantial insurance support’ pivotal as 20,000 seafarers trapped in worsening Strait of Hormuz crisis
Industry officials stress that repatriating trapped crew requires coordinated war-risk and P&I insurance arrangements, alongside security guarantees, to overcome the stalled evacuation.
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- July 3 2026
Lockton taps Alberto Ferriolo as Asia regional growth leader for marine, transportation
He joins from Miller in Singapore, and reports to Sung Wook Han, Lockton’s head of Asia marine and transportation.
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- July 2 2026
Markel hires Sjoerd A. Blomsma for new marine risk engineering role
Based in Singapore for the newly created specialist role, he reports to Wanshi Lin.
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- June 29 2026
Global property catastrophe rates fall to minus 16% at 1.7 renewals: Guy Carpenter
Guy Carpenter says the competitive pricing environment 'continued to prevail' during the midyear renewals, which include Australia and New Zealand.
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- June 28 2026
Hull war rates more than halve after US-Iran ceasefire: report
Premiums for vessels crossing the Strait of Hormuz more than halved from 5% to 2% of ship value in the past week.
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- June 24 2026
Middle East conflict heralds ‘new maritime order’ for shipping: Allianz Commercial
More than 1,150 cargo carrying vessels, with an estimated vessel and cargo value of around US$125bn, and over 20,000 seafarers, remain stuck in the Persian Gulf waiting to resume operations.
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- June 22 2026
QBE appoints Callum O’Brien as head of P&I for Asia
He succeeds Sebastian Tjornelund, who was promoted to Asia head of marine underwriting in December.
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- June 19 2026
Lloyd’s launches Chubb-backed marine war risk consortium for Strait of Hormuz
It will provide up to US$200m of capacity separately for hull and P&I risks, with an additional US$200m of dedicated cargo capacity.
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- June 18 2026
LMA welcomes US-Iran deal, but warns of ‘long, complicated’ shipping recovery, as insurer urges caution
Lloyd’s Market Association (LMA) says certain practical steps are required, while Charlie Zheng, co-head of marine for greater China at Markel, says the threat environment will take time to normalise.