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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Wednesday, October 14, 2026

Political Violence

A container ship escorted by a tugboat passes cargo cranes and stacked containers at a busy port.
Japan cabinet backs cargo, marine insurance support measures amid Middle East tensions
October 13 2026
The measures are part of a broader effort to strengthen supply-chain resilience as geopolitical risks continue to pressure maritime transport and insurance markets.
APAC facultative demand climbs, but margins will be earned on terms
APAC facultative demand climbs, but margins will be earned on terms
September 29 2026
Facultative is evolving from an overflow tool into a strategic one, but with capacity plentiful, reinsurers are being asked to do more for less.
Howden Re launches property-level SRCC modelling tool with Synthetik
Howden Re launches property-level SRCC modelling tool with Synthetik
September 3 2026
Insured losses from civil unrest events have increased to roughly US$100m since 2010 amid a more volatile geopolitical environment.
Aerial view of a large black-and-red oil tanker sailing through calm blue sea with a yellow smokestack and white superstructure at the stern.
Japan weighs state reinsurance for Gulf tankers to safeguard oil imports — report
August 17 2026
The proposed measure would cover claims if insurers cannot secure overseas reinsurance.
Large black-and-red bulk carrier being guided by a small tugboat at a port, with cranes in the distance and calm turquoise water.
Skuld withdraws war risk cover across parts of Red Sea, Gulf of Aden and Indian Ocean
August 13 2026
The cancellation, effective from August 16, affects fixed-premium assureds with affected war risk cover.
The cargo ship Mayuree Naree from Bangkok with smoke rising from the engine room.
Precious Shipping receives US$10.98m war risk payout for Thai-flagged Mayuree Naree
August 11 2026
The vessel remains grounded off Iran, with war insurers exploring an as-is, where-is sale.
Red and black tugboat with equipment on deck sails in calm sea, a distant pier visible on the horizon.
Lloyd's Market Association moves to end cover for ships paying Iran's Hormuz transit toll
July 24 2026
New model wording excludes cover for transit-related payments and ends cover for the vessel where such a payment breaches sanctions or terrorism law.
Large cargo ship navigating the Strait of Hormuz with containers onboard.
Hormuz war-risk rates climb again after brief easing in June
July 15 2026
Renewed strikes on vessels have lifted Hormuz war-risk rates to around 2% to 4% of hull value, though they remain below March's highs.
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.
Cargo ship with four gantry cranes on a calm blue sea under a clear sky
Chubb-led consortium launches in Lloyd's market with US$400m for Hormuz war risk
June 19 2026
The facility offers up to US$200m each for hull and P&I risks, alongside US$200m of dedicated cargo cover, as the market responds to the planned phased reopening of the waterway.
Circular portrait of a smiling man in a suit, over a Sydney harbor sunset with the Australian Government logo in the corner.
ARPC appoints Cameron Hick as chief underwriting officer
June 19 2026
He will succeed current CUO Michael Pennell, who is set to retire in November.
Large cargo tanker sailing on calm sea with a distant industrial shoreline on the horizon
Lloyd’s Market Association warns Hormuz shipping recovery hinges on greater clarity
June 18 2026
LMA outlined operational, regulatory and safety hurdles that must be addressed before vessels can safely return to Hormuz transit.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.