QBE Asia P&I rebrands to British MarineDecember 24 2022 by InsuranceAsia News Staff
- January 27
(Re)insurers could see a potential US$1bn loss in February for policies connected to stranded ships.
- January 10
War and sanctions have impacted January 1 placements, but far less than the capacity crunch.
- December 30
Total underwriting capacity halved to US$226m despite an additional US$165.8m cover from overseas reinsurers.
- December 29
Exit by reinsurers due to huge losses and lack of retrocession is forcing P&I clubs that cover 90% of ships to stop offering war risks.
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