P&I insurers to quit war risk cover for Russia and Ukraine from January 1
December 29 2022 by Kristina Shperlik
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Liberty Specialty Markets hires Cristin Li as senior underwriter
- October 24
Hong Kong-based Li will look after the insurer's war and terrorism portfolio in north Asia.
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Asian aviation, marine markets react to war risk peril as Israel conflict breaks out
- October 13
A senior market source tells IAN that airlines are unlikely to be able to gain cover as Israeli government steps in with US$6bn to support home carriers.
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SMBC Aviation receives US$710m insurance settlement for jets stranded in Russia
- October 3
The Japanese lessor had commenced litigation in the Irish courts late last year against 11 insurers over its 34 aircraft stuck in Russia following European sanctions.
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RVS Monte Carlo: What APAC markets can learn from the 2023 edition
- September 14
Secondary perils, cyber risk and pressure from the war in Ukraine dominated discussions at the reinsurer meet-up, as well as the return of industry legend Brian Duperreault.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
