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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, October 24, 2026

Marine & Cargo

insurance-payout-for-capsized-ha-long-bay-tourist-boat-to-reach-us546k
Insurance claims payout for capsized Ha Long Bay tourist tragedy estimated at over US$500k
July 24 2025
The death toll from the incident has reached 37, with 10 injured and two still missing.
miller-forms-korean-marine-team-with-key-senior-appointments
marine-insurers-hike-war-risk-rates-amid-renewed-red-sea-ship-attacks
Insurers hike war risk rates amid renewed Red Sea shipping attacks
July 14 2025
Marine underwriters on high alert as fresh Houthi hostilities set the stage for further rate rises.
Willis partners with Markel to launch US$200m facility for cargo risk coverage
Willis partners with Markel to launch US$200m facility for cargo risk coverage
July 10 2025
The product also aims to provide cargo owners protection from fluctuating insurance costs when country risk ratings change.
india-taps-ace-insurance-brokers-to-do-feasibility-study-on-proposed-pampi-club-report
India taps ACE Insurance Brokers to hold feasibility study on proposed P&I Club: Report
July 9 2025
Directorate General of Shipping has reportedly issued a Letter of Intent to ACE.
cambiaso-risso-appoints-lars-malm-to-lead-hong-kong-office-amid-strategic-apac-push
Cambiaso Risso appoints Lars Malm to lead Hong Kong office amid strategic APAC push
July 8 2025
Group’s Hong Kong launch follows recent office opening in Indonesia and planned expansion into the Philippines.
swedish-club-hk-elevates-julia-ju-to-ceo-and-area-manager
Swedish Club HK appoints Julia Ju as next CEO
July 8 2025
Ju first joined the P&I club in 2009.
thai-general-insurance-sees-up-to-294bn-baht-premium-growth-amid-earthquake-recovery-trade-woes
Sector will adapt to volatility amid emerging nat cat and cyber risks, says Thai General Insurance Association
July 4 2025
The association is expecting the industry to book modest growth this year.
australias-quay-marine-gains-coverholder-status-for-axa-xls-xl-insurance
Australia's Quay Marine appointed coverholder for XL Insurance
July 3 2025
MGA will cover commercial hull, marine liability, and cargo for the AXA XL subsidiary.
Mumbai-14Feb2020TheGatewayOfIndiaMonument
GIC Re shifts Lloyd’s syndicate 1947 management to Asta
July 1 2025
Asta, part of Davies Group, assumes full oversight and operational duties for the syndicate, effective 1 July.
JonathanWong_HeadofMarineUnderwriting
Generali GC&C promotes Jonathan Wong to Head of Marine Underwriting for Asia
June 30 2025
Wong steps into the role after more than 18 years with Generali.
fitch-upgrades-credit-rating-of-pt-meritz-korindo-as-parent-support-offsets-underwriting-strain
Fitch upgrades Meritz Korindo's ratings as parent support offsets underwriting strain
June 25 2025
However, the insurer’s COR surged to 105% in 2024, driven by a spike in marine claims.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.