Marine & Cargo

Markel appoints Sarika Gadekar to strengthen India marine claims capability

July 13 2026

Gadekar takes up a claims adjuster role in Mumbai, part of Markel's push to strengthen its presence in one of Asia's most important growth markets.

Traditional Japanese street lined with dark wooden shops, hanging signboards, and warm lanterns, with mountains in the background

Japan general insurers' underwriting performance improves as fire claims fall in FY2025

July 13 2026

Fire insurance led Japan's non-life market improvement in FY2025, as claims fell sharply despite continued premium growth across major commercial lines.

Lloyd's Asia premiums flat in 2025 after four years of growth

July 10 2026

A first fall in offshore business since 2020 offset continued onshore growth, while inward reinsurance set a new high.

Markel appoints Weng Fatt Tan to lead casualty underwriting in Malaysia

July 9 2026

Appointments adds dedicated casualty underwriting in Malaysia, with Tan to also oversee its marine energy liability portfolio.

Lockton taps Alberto Ferriolo as Asia marine and transportation growth leader

July 3 2026

He joins from Miller, bringing over nine years of experience in cargo insurance, logistics and commodity trade.

Markel appoints Sjoerd Blomsma into newly created marine risk engineer role in Singapore

July 2 2026

Reporting to Wanshi Lin, the qualified marine engineer will provide engineering-led insights to underwriting and claims teams across the region.

Two workers on a suspended platform clean or repair the white hull of a large ship, buckets in hand and harnessed for safety.

Howden targets off-contract healthcare gap with new cover for seafarers and families

July 1 2026

The product offers hospitalisation cover as a base product and is designed for shipping companies to purchase on behalf of seafarers.

no-policies-written-under-us-hormuz-insurance-facility-since-march-launch-report

IUMI sees path to Hormuz stability after Iran-US deal

June 25 2026

IUMI emphasised the importance of ensuring safe and orderly vessel movements as shipping routes stabilise.

Black semi-truck driving on a highway with an overpass under construction to the left, sunset glow nearby

PSC acquires MA Insurance Brokers to grow transport capability

June 25 2026

Operations of the combined entity will be led by Barry Mathison and Mariann Illyes.

India's GI premiums grow 9% in May as fire weakness persists

June 25 2026

A fifth straight decline in fire premiums was offset by growth in health and motor, alongside sharp gains in aviation, marine and personal accident.

Aerial view of a busy shipyard with several large cargo ships in dry docks, cranes towering above, and turquoise water surrounding the docks.

Geopolitics reshapes maritime risk as shipping enters ‘new equilibrium’ – Allianz

June 24 2026

Geopolitical disruption is increasing volatility in marine risk, despite a year-on-year decline in shipping incident

Indian container ship stationed in Kerala

India moves closer to domestic P&I club as IFSCA consults on framework

June 24 2026

The draft outlines a new regime to support marine liability insurance and mutual structures in the IFSC.

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