Two Singapore-registered container vessels were struck by unknown projectiles while transiting the Strait of Hormuz on 13 and 14 October, respectively, according to Singapore's Maritime and Port Authority (MPA). One vessel sank, while the other...
Hong Kong's Insurance Authority (IA) has taken disciplinary action against six insurance intermediaries for breaching insurers' internal controls and assisting customers in making false declarations involving approximately HK$7.3m ($930,000) in bank drafts for premium payments.
Japan's Cabinet has approved a bill to support marine insurance coverage for crude oil, petroleum products and liquefied natural gas (LNG) shipments if foreign reinsurance becomes unavailable.
Canadian insurance and investment holding company Fairfax Financial Holdings has been selected as the...
The Global Asia Insurance Partnership (GAIP) announced on 15 October that Peak Re has joined the...
The risk that first appeared was geopolitical risk, then energy prices and food market risk appeared. A disrupted shipping route created supply chain...
Zurich Insurance Group has announced the appointment of Mr Scott Yin as CEO, Zurich China, pending regulatory approval.