In his 2023 policy address, Hong Kong Chief Executive John Lee announced a series of measures that are likely to be impactful on the insurance industry, including the acceleration of a HK$8 bn (US$1.02...
In the last decade, India has climbed from 44th to 22nd in ranking for international shipments and Finance Minister Nirmala Sitharaman sees further growth opportunities for the marine sector.
Seeking to accelerate the integration of electric harbour crafts, the MPA has invited potential stakeholders to propose finance and insurance solutions to aid the industry transition to net-zero emissions...
Armed robberies in the Singapore and Malacca straits have surged; inadequate interception and investigations are leading to rising concerns about the impact on regional trade.
At the International Union of Marine Insurance (IUMI) conference in Edinburgh, experts discussed how digitilisation of trade documents will change the insurance industry.
The coverage uses Clearwater Dynamics technology to provide 24/7 operations room monitoring and reporting and is backed by Lloyd's and A-rated London market insurers.
ACIL's findings suggest Australia's Reinsurance Pool is not delivering as expected with respect to consumer savings and fostering market competition; recommendations include greater transparency from...
COSCO SHIPPING Captive Insurance has ratings affirmed, benefiting from strong support from its parent company and having registered net profits annually since inception.
Lloyd's of London engages in discussions with the United Nations to secure insurance coverage for Ukrainian grain shipments, considering potential changes in insurance structure.
