MSC Elsa 3 owner seeks to cap liability as Indian state government files US$1bn suit
August 11 2025 by Mithun Varkey-
Bedrock of offshore energy market facing structural threat from technology amid underwriting disquiet
- September 24
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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Opportunity knocks for marine insurers, Sompo’s David Ong says, as tariffs redraw Asia’s intra-trade landscape
- September 22
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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Long term, profitable lines to sustain Samsung Fire & Marine’s underwriting profitability: AM Best
- September 19
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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Hong Kong proposes marine risk pool in maritime push
- September 17
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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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.