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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, September 21, 2026

Marine & Cargo

specialty-lines-under-extreme-stress-as-hormuz-crisis-tests-reinsurance-resilience-howden-re
Specialty lines under extreme stress as Hormuz crisis tests reinsurance resilience — Howden Re
May 29 2026
A surge in claims and premiums across marine and war-related insurance is testing specialty markets, while reinsurers hold steady on capacity.
middle-east-conflict-losses-manageable-for-specialty-pc-insurers-morningstar
Middle East conflict losses ‘manageable’ for specialty P&C insurers – Morningstar
May 29 2026
Demand is rising for political risk, trade credit and energy cover, while a prolonged Hormuz disruption could still push up losses.
Untitled design 6
Hyundai Marine & Fire Insurance targets Southeast Asia, Europe in overseas expansion drive — Report
May 29 2026
The Korean insurer is looking to expand beyond its home and established international markets, like Japan and China.
niyam-appoints-ruchi-sheth-as-director-for-marine-and-energy
Niyam appoints Ruchi Sheth as director for marine and energy
May 28 2026
She joins after working at TATA AIG for over eight years.
india-gi-premiums-reach-new-heights-as-health-cargo-and-personal-accident-offset-march-fire-slump
India GI premiums reach new heights as health, cargo and personal accident offset April fire slump
May 25 2026
Several major lines helped contribute to record monthly premiums, cushioning a sharp pullback in fire, where coverage remains thin.
south-korean-insurers-to-jointly-underwrite-war-risk-cover-for-ships-in-strait-of-hormuz
Korea launches marine war-risk pool for ships in the Strait of Hormuz
May 25 2026
The KRW300bn (US$197.5m) facility aims to ease costs and secure cover for smaller Korean shipping firms exposed to heightened Middle East risks.
Julia Ju
Greater China’s green transition is built on discipline, not speed
May 21 2026
Julia Ju, Regional Executive Director, Hong Kong, The Swedish Club
no-policies-written-under-us-hormuz-insurance-facility-since-march-launch-report
No policies written under US Hormuz insurance facility since March launch — report
May 18 2026
The absence of a US naval escort has rendered the DFC's US$40bn maritime reinsurance facility unworkable so far, brokers say.
australian-high-court-rejects-shipowner-bid-to-limit-liability-in-wreck-removal-claims
Standard Club faces higher exposure after Australia court rejects liability cap on wreck claims
May 18 2026
Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
samsung-fire-marines-net-income-grows-4-3-on-higher-sales-in-q1
Samsung Fire & Marine's net income grows 4.3% on higher sales in Q1
May 14 2026
Following weaker bottom-line results in FY2025, the South Korean insurer posted net income growth of KRW635.2bn (US$426.1m) in the first quarter, supported by higher sales.
gic-re-receives-us37-6m-income-tax-demand-for-fy2024-assessment-year
GIC Re commits US$43m in capacity to India’s maritime insurance pool
May 14 2026
State-owned reinsurer is contributing ₹4bn of the ₹9.27bn (approx. US$100m) total capacity, with the balance from other domestic insurers.
russia-seen-shifting-lng-reinsurance-to-china-amid-capacity-constraints-ukraine-intelligence-says
Russia seen shifting LNG reinsurance to China amid capacity constraints, Ukraine intelligence says
May 14 2026
Amid limited access to international insurance capacity, Russia is reportedly pivoting to Chinese reinsurance for LNG trade.
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