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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, October 22, 2026

P&I

p-and-i-clubs-hike-premiums-for-sixth-straight-year-amid-surging-claims
P&I clubs hike premiums for sixth straight year amid surging claims
February 24 2025
Despite record-high free reserves, The majority of International Group P&I clubs increased rates between 4% to 7.5% in the Feb renewals.
gard-expands-insurance-offering-in-japan
Gard expands Japan offering
January 24 2025
"Significant expansion" sees marine insurer add H&M, war risk, builders' risk, and offshore wind solutions.
northstandard-launches-one-stop-shop-insurance-product-for-smaller-commercial-vessels
NorthStandard launches 'one-stop-shop' insurance for smaller commercial vessels
January 24 2025
H&M and P&I product is aimed at smaller commercial vessels up to 10,000 gross tonnes.
japan-p-and-i-club-implements-7-premium-hike-for-2025
Japan P&I Club implements 7% premium hike for 2025
December 10 2024
Club says it adjusted rates amid rising claims, reinsurance costs, and global risks.
richard-offord-appointed-as-chief-executive-of-uk-pampi-clubs-singapore-branch
Richard Offord named Chief Executive of UK P&I Club's Singapore branch
November 29 2024
Offord transitions from London to lead the Singapore branch with Yiah Soon Ng (YS) retiring after 27 years.
p-and-i-clubs-heading-for-5-rate-rises-in-2025
P&I Clubs heading for 5% rate rises in 2025 - S&P
October 30 2024
Despite low level of claims in recent years, marine rates are are likely to rise again next year.
india-considers-seed-funding-for-domestic-shipping-insurance-entity-amid-regulatory-hurdles-report
India considers seed funding for domestic P&I entity amid regulatory hurdles - report
October 12 2024
The proposed entity would initially offer insurance for coastal and river vessels, which are not covered by the international P&I framework. 
west-p-and-i-club-names-cai-xuanlun-as-new-hong-kong-ceo
West P&I Club names Cai Xuanlun as new Hong Kong CEO
September 27 2024
Cai will succeed Richard Macnamara, who is stepping down following a 28-year tenure.
japan-p-and-i-club-announces-key-personnel-changes-in-underwriting-reinsurance-departments
Japan P&I Club announces key personnel changes in underwriting, reinsurance departments 
September 27 2024
Starting 1 October, the Club’s Tokyo Underwriting Department will be split into two units. 
cash-rich-pi-clubs-eye-opportunities-in-apac
Cash-rich P&I clubs eye opportunities in APAC
August 21 2024
A favourable investment environment has inflated cash positions, but claims this year are also likely to put clubs under pressure.
japan-p-and-i-club-reports-lowest-level-of-claims-in-five-years
Japan P&I Club reports lowest level of claims in five years
August 9 2024
Claims fell in 2023 but a challenging global macro and geopolitical outlook means the association raised member premiums in 2024.
china-p-andi-loss-ratio-improves-in-2023-as-am-best-affirms-ratings
China P&I’s loss ratio improves in 2023
August 4 2024
AM Best affirms ratings as improved operating results and favourable investment income drives club's financial stability.
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