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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, October 24, 2026

Marine & Cargo

specialty-lines-shaped-by-middle-east-conflict-at-1-4-renewals-guy-carpenter
Specialty lines 'shaped' by Middle East conflict at 1/4 renewals — Guy Carpenter
April 6 2026
Reinsurance rates fell across Asia at the 1 April 2026 renewal, with Japan and India leading price reductions.
dfc-adds-six-new-insurers-to-gulf-maritime-facility-doubles-capacity-to-us40bn
DFC adds six new insurers to Gulf maritime facility, doubles capacity to US$40bn
April 6 2026
Liberty, Berkshire, AIG, Starr, Travelers, and CNA join the facility, while Chubb retains its role as lead underwriter.
fitch-assigns-indonesias-candi-first-time-national-ifs-rating-of-a-idn
Fitch assigns Indonesia's Candi first-time national IFS rating of 'A-(idn)'
April 3 2026
Insurer, which commenced operations in 2020, holds an approximate 0.3% non-life market share, with a three-year average COR of 97%.
steamship-mutual-names-eric-wu-as-managing-director-for-greater-china
Steamship Mutual names Eric Wu as managing director for Greater China
April 2 2026
He has been with the company for 16 years, most recently as director and head of underwriting, Eastern Syndicate.
rokstone-appoints-jackie-lan-as-marine-underwriter-in-singapore
Rokstone appoints Jackie Lan as marine underwriter
April 2 2026
She brings experience in marine hull and liability insurance across Asia and the Middle East.
aon-expands-nick-chapmans-remit-to-lead-marine-risk-engineering-in-asia
Aon expands Nick Chapman’s remit to marine risk engineering lead, Asia
April 1 2026
Chapman will continue as head of cargo for Asia alongside his new responsibilities.
aon-taps-nazirah-din-taouk-as-asia-regional-director-for-marine
Aon taps Nazirah Din Taouk as regional director for marine, Asia
April 1 2026
Taouk joins after six years with rival Marsh, bringing a legal background and extensive experience in marine claims and advocacy roles.
japan-rates-return-to-early-2020s-at-1-4-renewals-middle-east-impact-contained-in-specialty-lines-howden-re
1/4 renewals: Japan rates back to early 2020s levels, Middle East impact contained in specialty lines — Howden Re
April 1 2026
Howden Re notes that mid-year renewals may face greater complexity as reinsurers review exposure and pricing in light of ongoing Middle East tensions.
qbe-aurora-unveil-industry-first-lead-algorithmic-underwriting-for-marine-risks
QBE, Aurora unveil 'industry-first' lead algorithmic underwriting for specialty risks
March 30 2026
The AI-driven automation reduces quote-to-bind timelines to under 10 minutes and has debuted with QBE’s British Marine Yacht Protection & Indemnity (P&I) product.
hormuz-closure-reverberates-beyond-marine-war-risk-as-howden-re-flags-macro-transmission-channel
Asia bears brunt of Hormuz disruption as closure drives specialty repricing — Howden Re
March 27 2026
War-risk cancellations have pushed cover towards voyage-by-voyage placements and lifted some premiums to as much as 2%–3% of a vessel’s value.
us-maritime-reinsurance-programme-for-hormuz-shipping-set-to-launch-bessent-says
US maritime reinsurance programme for Hormuz shipping set to launch "soon", says US Treasury Secretary
March 27 2026
Three weeks after the facility was first announced, US Treasury Secretary Scott Bessent expressed confidence that Gulf shipping traffic would recover.
iran-says-non-hostile-ships-may-transit-hormuz-under-its-oversight-report
Iran says non-hostile ships may transit Hormuz under its oversight — report
March 25 2026
Iran's offer of conditional passage may ease the bottleneck in a limited sense for the 3,200 stranded vessels, but ships linked to the US, Israel, and countries deemed hostile to Tehran will remain bl...
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