Line of business: Marine Page 4 / 25
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- August 22 2025
Berkley names Kenneth Cheong as deputy head of marine for Asia
Singapore-based Cheong was most recently underwriting manager for marine cargo at HDI Global for nearly 12 years.
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- August 21 2025
US tariffs haven’t really landed on P&I, West’s David Griffiths says, as China’s influence grows
Singapore-based senior manager of underwriting also discusses China's influence on the maritime industry, environmental regulations impacting Asian shipping, and the growing systemic problem of the shadow fleet.
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- August 20 2025
Charles Taylor names Gordon Tennant as director for marine technical services in Asia
Singapore-based Tennant will report to global managing director for marine technical services, Phil Osmotherley.
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- August 18 2025
Rising risks redefine marine insurer-clients relationships: IUMI’s Lars Lange
As the industry body prepares to host their annual conference in Singapore, sanctions and geopolitical risks continue to dominate concerns for carriers.
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- August 15 2025
Insurer warns of jumbo problems amid bulk cargo concerns at Asian ports
Ian Barr, chief claims officer at The London P&I Club, addresses the issue of flexible intermediate bulk containers, with particular problems noted in loading at some Chinese ports.
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- August 12 2025
Lockton India appoints Darshan Parikh as senior director to corporate solutions group
Mumbai-based Parikh joins the broker following seven years at Marsh, and will be responsible for driving growth and expansion within the marine, aviation, and space practices.
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- August 11 2025
Howden brings on board Shipowners’ Hari Subramaniam in Asia marine leadership role
Singapore-based Subramaniam has been appointed chief commercial officer for marine, cargo and logistics Asia.
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- August 11 2025
Markel eyes Australia marine growth with senior hire
Markel is expanding its marine offering in Australia beyond long tail lines with the appointment of Tim Wills.
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- August 11 2025
MSC Elsa 3 owner seeks to cap liability as Indian state government files US$1bn suit
The lawsuit by the owner of the container ship that sank off the India coast seeks to limit the amount of potential claims to US$14.2m citing the large number of claims already filed.
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- August 7 2025
K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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- August 6 2025
Red Sea ‘hot topic’ creates opportunities for insurers, with capacity not a major problem despite Houthi escalation
Hannah Chua, legal director in Clyde & Co’s energy, marine, and natural resources team in Singapore, says the market has learned lessons from the past.
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- August 4 2025
Willis appoints Azad Kumar as energy, construction, marine growth leader in India
Mumbai-based Kumar joins the broker from UIB Insurance Brokers, where he was head of energy.
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- July 31 2025
IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap
Sanctions include ban on 105 'shadow fleet' vessels and asset freezes on new entities, including Indian refinery Nayara Energy.
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- July 29 2025
Japan P&I to sustain strong capitalisation, operating performance: S&P Global
Global rating agency on Tuesday upgraded its insurer rating to BBB+ from BBB with a stable outlook.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 23 2025
Japan P&I Club posts 69.2% combined ratio in FY24
Club said its financial year, which ended March 2025 was characterised by a 'noticeable increase in large claims' such as the Baltimore Bridge collapse.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 17 2025
Asian clients, suppliers facing choppy waters with cargo market braced to navigate intensifying geopolitical risks
Markel's Brook Styles and Wanshi Lin discuss the impact of the conflicts in the Middle East, plus the Russia–Ukraine war and the US tariff regime.
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- July 14 2025
Miller launches South Korea marine practice after Marsh team raid
KyungSeop (KS) Shim will lead the new team as head of specialty, and is joined by Justin Roh, Hana Jung, and Jayce Park.
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- July 11 2025
War risk premiums up ‘substantially’ after deadly Houthi attacks, Skuld says
War risk premiums have risen to about 0.7% of the value of a ship from 0.3% last week, according to a report by Reuters.
