Line of business: Marine Page 3 / 32
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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.
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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.
