Specialty

A red arrow pointing to australia on a map.

Markel expands APAC footprint with 3 new Australian offices; appoints AXA XL's Morison as Country Managing Director

September 14 2023

Markel is opening offices in Sydney, Melbourne and Brisbane and has hired industry veteran Rory Morison to head up the country's operations.

Lloyd's of London in talks with UN to insure Ukrainian grain shipments: Report

September 8 2023

Lloyd's of London engages in discussions with the United Nations to secure insurance coverage for Ukrainian grain shipments, considering potential changes in insurance structure.

A large cargo ship in the ocean at sunset.

Exploded tanker Pablo remains stuck at sea in Malaysian waters

September 8 2023

Without identified insurance or an owner that can be tracked down, the ultimate fate of the Pablo is unclear, highlighting the dangers of the Shadow Fleet.

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Interest in Asia M&A insurance soars despite low transaction volume

September 7 2023

Despite subdued M&A activity, the number of insurers underwriting transactions in Asia has doubled the past year.

Four teams join Lloyd's Lab accelerator hub as part of APAC climate risk, cyber, and sustainability theme

September 6 2023

12 insurtechs join the 11th cohort of Lloyd's Lab, with Fermat CO. LTD, Floodbase, Proto Labs, and Renew Risk selected for the Asia Pac regional theme.

A 3d image of a computer network with blue and orange lines.

Hong Kong's HashKey Exchange signs MoU with OneInfinity for embedded digital asset insurance

September 6 2023

HashKey Exchange and OneInfinity by OneDegree have joined forces to offer customers comprehensive digital wallet insurance.

An aerial view of a container ship docked in the ocean.

AM Best affirms China P&I's ratings despite adverse currency impacts

September 1 2023

AM Best affirms China Shipowners Mutual Assurance Association ratings, following consistent net profits and plans for overseas expansion.

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Global: Fusion Specialty promotes Samuel Shirley to Global CUO, M&A

September 1 2023

Shirley has been promoted to the dual positions of Global Chief Underwriting Officer, M&A and Managing Partner, M&A, effectively immediately.

Chinese insurers safe from property market contagion — for now

August 31 2023

Major Chinese insurers are unlikely to face a crisis due to the country's falling property market, however the extent of exposure for smaller and privately backed players is unclear.