Line of business: Marine Page 2 / 32
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- August 11 2026
Jeong-Sook Kim joins UK P&I Club to steer South Korea presence
She is a qualified maritime lawyer who previously worked for Steamship Mutual for over a decade.
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- August 11 2026
Asia shipbuilding boom exposes new fault lines for insurers
A surge in newbuild orders is attracting fresh capacity and driving down rates, but concentrated Asian exposures, and increasingly complex risks tied to supply chains, alternative fuels and contractual delays are testing insurers’ appetite and accumulation controls.
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- August 10 2026
India’s sovereign-backed maritime pool sets sail, but major loss and accumulation risks await
War-risk premium rates have dropped 35-40% since the Bharat Maritime Insurance Pool launched in May, but industry sources caution pricing sustainability depends on how the pool handles major loss and accumulation events.
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- August 5 2026
Sean Dalton nominated as next IUMI president
He succeeds Frédéric Denèfle, who will complete his four-year term as president in September.
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- August 4 2026
Tysers Singapore appoints Prantika Sengupta as director for marine claims, client relations
She is responsible for enhancing the firm’s claims offering, working under chairman of claims Chris Sydenham to support clients across the marine portfolio.
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- July 31 2026
Envest-owned Epsilon Underwriting acquires marine specialist RedSky Insurance
Integration brings together RedSky’s expertise in cargo, stock throughput, commercial hull and marine liabilities with Epsilon’s broader underwriting platform and national reach in Australia.
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- July 31 2026
S&P Global elevates Japan P&I outlook to positive, cites capital strength despite scale constraints
Rating agency notes club's business profile will remain more modest in scale and diversification compared to some of its peers.
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- July 30 2026
Indian marine pool issues first P&I policy
Policy provides financial protection against third-party liabilities including crew and cargo liability, pollution liability, and wreck removal, with an indemnity limit of up to US$1.5bn through the combined capacity of the pool.
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- July 29 2026
P&I clubs face painful renewals as soaring Baltimore bridge liability costs leave some with difficult decisions to make
Cost of the MV Dali's collision with the Francis Scott Key Bridge in Baltimore in March 2024 is threatening the limits of the International Group (IG) of P&I Club’s reinsurance program and its Hydra captive.
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- July 27 2026
AIG’s Ying Ying Lee returns to Berjaya Sompo as head of marine, aviation
Kuala Lumpur-based Lee rejoins the insurer following 15 years at AIG, where she was head of department for specialty since April 2011 and APAC lead for marine liability since July 2020.
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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.
