Marine & Cargo

Underwriting volatility prompts outlook revision to negative for Korea P&I Club: AM Best

May 12 2025

The Club reported a KRW 7.3bn (US$5.14m) loss alongside a combined ratio of 204% last year.

insurers-contemplating-15-25-rise-in-marine-awrp-due-to-india-pakistan-tensions-sampp

Marine insurers consider 15-25% AWRP increase due to India, Pakistan tensions: S&P

May 12 2025

Recent escalation has also prompted a surge in war risk inquiries.

GlobalData cuts marine, aviation, and transit insurance growth forecast amid US tariff impact

May 10 2025

Insurers face increased risks and costs as US tariffs reshape the global MAT insurance landscape.

Howden appoints Marut Pommalee as Chief Client Officer for Thailand

Howden Thailand names Marut Pommalee as Chief Client Officer

May 6 2025

He previously served as the Managing Director of Sabuy Maxi.

regulatory-reforms-to-drive-growth-in-malaysias-non-life-insurance-market-am-best

Malaysia’s general insurance premiums rise 6.9% in 2024 on motor and infrastructure demand: PIAM

April 30 2025

Underwriting profit fell 11% in 2024 despite premium growth, as the industry’s combined ratio edged up to 93.4%.

Marine insurance underwriters adopt cautious approach as tariffs fuel market uncertainty

April 30 2025

Industry grapples with potential supply chain disruptions, unpredictable costs, and shifting trade routes.

Kathleen Chin joins Sompo as Marine Underwriter

April 28 2025

Based in Singapore, Chin will report to Dave Ong, APAC Head of Marine.

China's non-life insurance could face rising claims, slower growth from US tariffs: GlobalData

April 25 2025

The new tariffs are likely to fuel claims inflation in motor, marine, trade credit, and business interruption insurance lines.

india-reviewing-applications-from-four-new-russian-insurers-for-oil-tanker-coverage-report

India reviews applications from four new Russian insurers to provide oil tanker coverage: Reports

April 25 2025

New applications come as India’s crude imports from Russia continue to rise in 2024-25.

Global: SCOR, AXA XL and Marsh provide credit insurance for wind-powered cargo fleet

April 17 2025

Insurance support assists the maritime industry's search for viable low-emission fuel alternatives to meet shipping's environmental and sustainability goals.

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