Marine & Cargo

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IFSCA eyes ILS framework for India — Report

February 23 2026

Amid growing interest from private equity and institutional investors, IFSCA is proposing a framework to allow SPVs to issue and manage catastrophe bonds.

AXA_XL_appoints_Naleena_Moore_as_our_new_Underwriting_Manager_for_Marine_Cargo_

AXA XL names Naleena Moore as underwriting manager for marine cargo in Singapore

February 23 2026

She has been with the (re)insurer since 2015.

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India to decide on extending four Russian P&I insurers’ validity amid US pressure

February 20 2026

The fate of four Russian P&I insurers hangs in the balance as India weighs renewal of their authorisations this week.

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South Africa's Santam secures nod to open reinsurance branch in India’s GIFT City

February 19 2026

Santam becomes the first insurer from a BRICS member outside India to establish a presence in the GIFT City reinsurance hub.

CFC adds smart-tracking trigger to marine kidnap and ransom cover

February 19 2026

CFC’s system sends instant alerts when a vessel enters restricted waters, allowing real-time activation of kidnap and ransom cover.

AXA XL joins Nuclear Energy Maritime Organization to back nuclear energy adoption in maritime sector

February 10 2026

The move aims for AXA XL to contribute insurance expertise while helping shape standards and regulations for floating nuclear applications.

Hong Kong general insurers deliver HK$1.8bn underwriting profit in Q3 as onshore gains accelerate

January 28 2026

Pecuniary loss drove the bulk of onshore profits, while marine was the big profit contributor for offshore underwriting results.

Aon names Penny Chua as head of marine claims advocacy for Asia

January 26 2026

Chua brings more than 18 years of specialised experience in marine insurance.

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Oneglobal Broking taps Geovenn Lim as director for marine

January 22 2026

A Singapore-qualified lawyer, Lim is a seasoned marine insurance underwriter with a decade of industry experience.

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AXA XL elevates Julian Longbottom to global head of marine and energy, reinsurance

January 15 2026

He will oversee the company's expansion into key strategic territories, including Japan.

Sedgwick launches Global Specialty platform

January 14 2026

The platform builds on Sedgwick’s marine and energy offerings, and operates from London with hubs in Asia, the Middle East, and the Americas.

US-based MGA IRL-RE appoints Patrick Tynan as head of underwriting for Asia

January 9 2026

He moves after three years with Gallagher.

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