IAN Reports
- Marine
- Published 30 May 2022
Asia’s marine sector: challenges and opportunities
For much of the last two decades, marine insurance in Asia has remained highly unprofitable. Then four years ago capacity started to reduce and profit began to bounce back. The sector still remains very challenging, though, not least because insurers returning to the sector could now drive down rates.
This report examines some of the opportunities and challenges of the marine insurance sector in Asia, and considers what the next few years might look like as the region starts to pull out of the Covid-19 pandemic. Hear from a range of industry experts, including:
• Anmol Sawlani, chief executive officer at Azure Risk.
• Andrew Brooker, managing director at Latitude Brokers.
• Greg Dodds, Hong Kong country manager at Starr International Insurance (Asia).
• Matthew O’Sullivan, head of motor and marine for Australia and New Zealand at Zurich.
-
Willis hires Takashi Kato as head of marine for Japan
- March 11
Tokio Marine veteran has over 20 years of experience in marine insurance.
-
Japan P&I confirms key personnel changes amid latest reshuffle
- March 10
Koji Shikada takes on extended roles as deputy head of underwriting units and general manager of Tokyo underwriting department I, effective from April 1.
-
BHSI taps Adrian Burmeister for inland marine underwriting role in New Zealand
- March 6
Auckland-based Burmeister will focus on mobile plant and machinery specialist underwriting.
-
Insurance Authority welcomes ILS pilot grant scheme extension in Hong Kong budget
- February 26
Government extends scheme for insurance-linked securities (ILS) for three years, following 'favourable' response, Financial Secretary Paul Chan says.