Line of business: P&I Page 2 / 7
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- November 18 2025
NorthStandard takes prudent position on P&I premiums with modest renewal increase
NorthStandard projects premium income of US$930m for 2025-26 against US$886m in the previous year.
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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 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 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 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 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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- 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 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 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 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 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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- 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 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 8 2025
India mandates Ace Insurance Brokers to study feasibility of local P&I club setup: report
The move comes two years after finance ministry flagged the need for establishing a full-fledged, India-owned P&I entity.
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- July 8 2025
Cambiaso Risso expands to Hong Kong, eyes Philippines entry
Italian marine broker's new office in the SAR will be led by Swedish Club's Lars Malm and service the greater China region.
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- July 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
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- June 27 2025
‘Asia is core to our strategy’: Swedish Club out to ‘broaden footprint’, with China and India on the radar
Underwriting director Thorbjörn Emanuelsson also tells InsuranceAsia News about the challenges facing the P&I club, including the dark fleet and Donald Trump's tariffs.
