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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Global marine insurers bet on Asia amid growing geopolitical concerns
- September 19
The International Union of Marine Insurance sees the region accounting for almost a third of the premium as an opportunity to grow its membership as war risks, sanctions and embargoes are affecting global shipping.
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Global marine insurers bet on Asia amid growing geopolitical concerns
- September 19
The International Union of Marine Insurance sees the region accounting for almost a third of the premium as an opportunity to grow its membership as war risks, sanctions and embargoes are affecting global shipping.
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Russian insurers provide cover for 60% of Moscow’s oil exports to India: report
- September 18
Signals a growing role by Russian carriers such as Ingosstrakh to facilitate oil shipments to India, its biggest buyer, despite western sanctions.
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Crawford launches dedicated logistics, transportation & freight division in Singapore
- September 18
The service will address complex claims arising from the logistics and freight sector, requiring adjusters familiar with marine and transportation industries.