P&I renewals ‘softer than anticipated’ despite claims, geopolitical pressures

MS&AD accelerates, while Tokio Marine, Sompo see overseas topline growth moderate in Q3 FY24

MS&AD’s foreign subsidiaries grew NWP by a combined 25%, in contrast to the 1.2% growth posted by Tokio Marine’s international non-life businesses and 0.8% by Sompo’s overseas arms.

As Trump plays a ‘treacherous trade game’, tariffs solve nothing, leading underwriter says

Sean Dalton, vice president of the International Union of Marine Insurance (IUMI), says the rising risks of an all-out trade war between the US and China are a huge concern for insurers and clients.

Maritime decarbonisation efforts need liability certainty to stay on course amid ‘pressing challenge’

NorthStandard’s loss prevention director for decarbonisation Mark Smith calls for clarity in regulation and fuel, with decarbonising the world fleet on the agenda.

Macau insurers prepare for costly RBC shift, advised to follow Hong Kong lead  

As Macau gears up for the new risk-based capital regime set to replace the current solvency framework, domestic carriers may encounter operational hurdles and increased costs.