Line of business: Marine Page 6 / 29
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- November 12 2025
Bale Gao joins Lockton as vice president for marine, specialty, and reinsurance
Hong Kong-based Gao joins from WTW, having spent just over three years as a marine manager.
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- November 7 2025
‘Concerning’ lack of adequate P&I premiums ahead of renewal, Skuld says
Board has asked Skuld to secure an overall adjustment of 7.5% on premium rates to ensure the continuous strong financial stability at the upcoming renewal, according to president and CEO Ståle Hansen.
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- November 6 2025
Howden launches Japan marine insurance services, names Koji Aragane as director
Aragane recently spent just over five years as CEO of Steamship Mutual's Japan branch.
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- November 4 2025
NorthStandard promotes Jack Marriott-Smalley to APAC underwriting head
He most recently served as the head of Southeast Asia Pacific, holding the position since September 2023.
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- October 30 2025
Rokstone sets sail for marine growth in Asia amid regional expansion
Two weeks into the operation, the marine specialty MGA in Singapore has already started binding policies, managing director Rama Chandran told InsuranceAsia News' Between the Lines podcast.
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- October 29 2025
Kiwi P&I specialist Maritime Mutual accused of providing coverage to sanctioned oil: reports
Carrier denies breach amidst investigations over allegation of facilitating tens of billions of dollars of Iranian and Russian energy products since sanctions.
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- October 28 2025
Cargo insurers brace for distortion of established shipping patterns amid US-China trade war
Recent escalation following Chinese port fees could bring volatility, accumulation risks, political as well as contractual uncertainty and require commercial adjustments, underwriters say.
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- October 27 2025
Russian stranded assets now viewed as US$10bn market loss
The bulk of the loss is also likely to be absorbed not by the aviation war market, as originally thought, but actually by the marine market.
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- October 23 2025
London P&I Club opens representative office in Shanghai
The new office in Mainland China is led by Wenjia Gao and reflects the club's long term commitment to Asia, according to chairman John Lyras.
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- October 21 2025
NorthStandard elevates Michael Hustler as head of Asia Pacific
Singapore-based Hustler succeeds David Roberts, who will leave the club in February 2026.
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- October 16 2025
Charles Taylor expands marine technical footprint in India, Qatar with Soteria associateship
This collaboration is in addition to the existing associate, SKAAD Insurance Surveyors & Loss Assessors in India.
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- October 14 2025
Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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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.
