A new marine insurance facility aimed at protecting Chinese and Asian ship owners from the risks of war and related perils such as piracy has been launched in Hong Kong.
Ships which do not abide by the global sulphur limit that will enter into force in 2020 risk being declared "unseaworthy" said the International Maritime Organisation (IMO).
Transforming the risk function through big data and analytics capabilities was ranked as risk managers' top priority by far, according to a new report released by Marsh, the Asia Pacific Risk Centre and the Pan-Asia Risk and Insurance Management Association (PARIMA).
Insuring against Nat CATs could become unaffordable for households and companies, while damage caused could...
The UN Climate Change Conference (COP23) concluded in Bonn last week, with the common message from all sides...