Line of business: Marine Page 3 / 25
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 13 2025
China Re-backed broker Huatai partners with BMS Group for marine initiative
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
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- October 6 2025
Rokstone adds 2 veteran marine underwriters to Singapore team
Specialty MGA is building out its Singapore hub led by Rama Chandran.
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- October 3 2025
+8 Partners-owned Arete Adjusting expands to APAC with Hong Kong office
Cargo, liability, and logistics industry claims adjuster will be led in the region by Yuxing Ao.
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- October 2 2025
Tokio Marine Kiln to provide US$25m capacity for Rokstone Singapore
Lloyd’s carrier will provide 100% of the MGA’s Rama Chandran-led regional operation.
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- September 24 2025
Bedrock of offshore energy market facing structural threat from technology amid underwriting disquiet
Statistics show that offshore energy premiums declined to US$4.34bn in 2024, representing a 7.9% fall compared with the previous year.
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- September 22 2025
Opportunity knocks for marine insurers, Sompo’s David Ong says, as tariffs redraw Asia’s intra-trade landscape
As pricing pressures and evolving risks bite, the Japanese carrier is empowering local underwriting teams to help it become a 'truly international carrier of Asian origin'.
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- September 19 2025
Long term, profitable lines to sustain Samsung Fire & Marine’s underwriting profitability: AM Best
Global rating agency affirms a financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (ICR) of aa+ (Superior) to Samsung Fire & Marine and its subsidiaries.
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- September 17 2025
Hong Kong proposes marine risk pool in maritime push
Chief executive John Lee said in his annual policy address that the government would also promote exclusive captive and reinsurance businesses, as well as develop insurance products for the low-altitude economy.
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- September 16 2025
China Taiping Insurance appoints Bin-Hao Nah as marine cargo section head in Singapore
He joins from Howden, having also worked for Marsh McLennan, Aon, Newstate Stenhouse, and Beazley.
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- September 15 2025
Swedish Club expands in China with Ping An P&C strategic partnership
Agreement enhances service delivery and broadens the ways members can access the club’s marine insurance and loss prevention services.
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- September 15 2025
IUMI 2025: 3 takeaways from Singapore as marine market braces for a new era of global trade
Marine premiums, globalisation and energy dominated discussions at the annual International Union of Marine Insurance (IUMI) conference in Singapore last week.
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- September 12 2025
Berkley Insurance Asia appoints Jennifer Yeoh as marine claims manager
With extensive in maritime claims, Yeoh will enhance the (re)insurer's claims operations and support its continued growth.
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- September 11 2025
Cargo market urged to focus with entire landscape under threat as US tariffs ‘make everybody nervous’
Cargo committee chair Mike Brews delivered the warning on the final day of the International Union of Marine Insurance’s (IUMI) annual conference in Singapore.
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- September 9 2025
Marine insurers warned of never-before-seen challenge, geopolitics changing landscape overnight as IUMI opens in Singapore
International Union of Marine Insurance’s (IUMI) annual conference kicked off on Monday in Singapore, with president Frédéric Denèfle and Singapore's minister of state for transport Baey Yam Keng addressing delegates.
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- September 4 2025
BHSI promotes Anna Spink to head of marine for Australasia
Sydney-based Spink joined BHSI in 2018 and was most recently national manager for corporate property.
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- September 2 2025
Asean trio top IUMI’s emerging ‘wish list’ ahead of Singapore conference
International Union of Marine Insurance (IUMI) secretary general Lars Lange also discusses addressing emerging risks from geopolitics, technology, and sustainability as the industry gathers for the annual conference.
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- September 1 2025
Howden names Vladimir Ljubisavljevic as divisional director for marine, cargo & logistics practice
Singapore-based Ljubisavljevic joins from NorthStandard, where he was the offshore and renewables underwriting director.
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- September 1 2025
MSIG Singapore appoints MSIG Specialty Marine as P&I underwriting agent
Marine specialist MGA will start underwriting P&I risk directly from Singapore from Monday, as first reported by IAN in July.
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- August 26 2025
Where there’s smoke, there’s fire: as enhanced EV risks rise, insurers urged to find ‘viable solutions’ with demand set to grow
Marine insurers are growing increasingly concerned over the risk posed by the transportation of electric vehicles and lithium-ion batteries.
