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Marine tag returned 217 results

  • China's blue insurance market faces triple challenges of law, technology and policy

    The insurance industry can contribute to the sustainable transition of marine-related business and support conservation of the marine environment. But developing blue insurance in China means first addressing the triple challenges of technology, law, and policy, says Ms Chen Qianming is a researcher at the International Institute of Green Finance, Central University of Finance and Economics, Beijing.

    China | 24 Feb 2023
  • Hong Kong: Govt to facilitate re-domiciliation of regional businesses

    Hong Kong's Financial Secretary Paul Chan has announced that the government will introduce a mechanism to promote the re-domiciliation of regional companies to the territory.

    Asia | 23 Feb 2023
  • Marine: IUMI to play key role as insurers face challenging conditions

    The International Union of Marine Insurance (IUMI) has said that it would play an important role this year as the shipping industry faces difficult conditions and fundamental challenges.

    Asia | 09 Feb 2023
  • Marine: Insurers publish landmark climate report

    Eight of the world's leading marine insurers have gathered and published client data to track their hull and machinery insurance portfolio's climate impact in a landmark climate report. The goal is to support the industry's green transition.

    Asia | 06 Feb 2023
  • Nearly two-thirds of coral reef sharks and rays face extinction

    Nearly two thirds of sharks and rays that live among the world's coral reefs are currently threatened with extinction according to a recent study published in the journal Nature Communications.

    Asia Risk | 25 Jan 2023
  • Only 20% organisations equipped to handle supply chain disruptions

    Globally organisations plan to increase their supply chain investments by 17% to transform it over the next three years according to a new research by Capgemini.

    Asia Risk | 04 Jan 2023
  • Marine insurers enjoy another positive year of growth

    Global marine insurance premiums in 2021 reached $33bn, up 6.4% on 2020, according to the International Union of Marine Insurers' (IUMI) latest stats report. Premiums have been lifted by increased global trade volumes, a stronger US dollar, increased offshore activity, higher vessel values and a reaction to deteriorating results in previous years. Insurers in Europe and Asia, in particular, saw premium growth.

    AIRPlus | 05 Dec 2022
  • Major trends in marine insurance claims

    Fire, collision and sinking, and damaged cargo are the top causes of marine insurance losses by value according to Allianz Global Corporate & Specialty's (AGCS) analysis of more than 240,000 claims worth EUR9.2bn in value.

    AIRPlus | 24 Nov 2022
  • Turkiye: Oil shippers to show proof of insurance

    Turkiye has warned the world's oil shippers they will need to prove they're insured to pass through the country's vital Bosphorus Strait, a move that could restrict flows of Russian oil as new European sanctions kick in, reported Bloomberg.

    Middle East | 20 Nov 2022
  • Climate risks could impair long-term viability of world's waterways

    The future of some of the world's most important shipping lanes - including the Suez and Panama canals and other sea-facing port and terminal infrastructure - could be impaired from risks associated with climate change according to a new paper published by Marsh.

    Asia Risk | 16 Nov 2022

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