Marine & Cargo

Global offshore energy insurance premiums drop 7.9% as market capacity swells despite safety gains: IUMI

September 11 2025

High claim costs and competitive pressures squeeze profits even as 2024 sees no major disasters in the sector.

singapore-maritime-authority-confirms-dali-passed-inspections-prior-to-baltimore-bridge-incident

Singapore to expand war risks mutual as geopolitical tensions reshape maritime insurance

September 10 2025

Singapore’s government backs SWRM’s growth and seeks new industry partners amid global supply chain disruptions.

iumi-2025-dark-fleet-continues-to-grow-amid-sanctions-and-tariff-pressures

IUMI 2025: dark fleet risks continue to grow amid sanctions and tariff pressures

September 10 2025

S&P Global data reveals a surge in newly established shipping firms with hidden ownership structures.

IUMI urges marine insurers to tackle sexual misconduct against women seafarers

September 9 2025

While women account only 1% of the global seafaring workforce, one in four have reported experiencing sexual misconduct at sea.

Marine insurers face double hit from ageing ships, US tariffs

September 9 2025

Marine underwriters face portfolio pressures as US tariffs on Chinese vessels compound risks from an already ageing global fleet.

TMK appoints Phoebe Liew as Special Risks Underwriter

Tokio Marine Kiln appoints Phoebe Liew as Special Risks Underwriter

September 9 2025

Lloyd's player continues to strengthen its APAC offering with the hire of credit and political risk specialist from Texel.

apac-posts-nearly-30-of-global-marine-insurance-premiums-with-rising-cargo-share

APAC grows to nearly 30% of global marine insurance premiums: IUMI

September 9 2025

Global cargo insurance rates increased in 2024, while ocean hull rates fell and offshore energy remained in decline.

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IUMI 2025 Singapore: Marine insurers must rethink risk models in a “brave new world”

September 8 2025

Policy-driven disruptions and geopolitical shifts require fundamental changes to traditional risk assessment approaches, say industry experts, and will require insurers to “get good” at pricing policy-driven...

Sedgwick sharpens Asia strategy with technology talent pipeline and specialist claims under Kerr

Sedgwick sharpens Asia strategy with technology, talent pipeline, specialist claims under Kerr

September 5 2025

Asia CEO Stephen Kerr is betting on career development and specialty teams to strengthen Sedgwick’s role in managing cross-border claims.

BHSI promotes Anna Spink to Head of Marine Operations across Australasia

BHSI promotes Anna Spink to Head of Marine Operations for Australasia

September 4 2025

She steps up from corporate property role to lead marine portfolio in the region.

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