The use of a mixture of market and book values for Japan’s current accounting and solvency regulatory regimes could put short terms strain on insurers’ balance sheets.
The IMO has set out ambitious targets for decarbonising the shipping industry but a lack of experience data means insurance pricing is likely to be reactive instead of proactive.
Dimitry Zilberud (left) named Head of Marine, APAC; Niall O'Connell (middle) Head of Inland Marine, Pacific; and Jason Sheehan (right) Head of Commercial Property and Business Pack, Australia.
