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.
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AIG names Mark Chen as head of marine for Taiwan
- January 24
Appointment is in addition to his current portfolio as head of client and broker engagement.
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Gard expands Japan product portfolio with marine & energy risks
- January 23
The P&I club will offer hull and machinery, war risk and loss of hire covers as well as builders’ risk to shipyards and offshore wind risk.
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Gard expands Japan product portfolio with marine & energy risks
- January 23
The P&I club will offer hull and machinery, war risk and loss of hire covers as well as builders’ risk to shipyards and offshore wind risk.
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Indian shipping regulator allows Russian insurer Soglasie to offer P&I cover
- January 23
The Directorate General of Shipping has also extended approval for Russian insurers Sogaz Insurance, Alfastrakhovanie, and VSK Insurance to cover vessels entering India ports till 2030.