Oil and shipping markets on edge after South China Sea ruling – Our Comments

Full story from Reuters can be found here or at www.reuters.com “Global oil and shipping markets reacted nervously on Tuesday after an international arbitration court ruled against Beijing’s claims across large swathes of the South China Sea, fuelling geopolitical tensions in the vital waterway. A tribunal in The Hague, Netherlands, found China had breached the sovereign rights of the Philippines ...

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Singapore Insurance market – recent moves

As we “predicted” in our earlier blog, the ongoing consolidation would give rise to further changes and create opportunities for new leaders to emerge as well as new entrants to the Asian market continuing to focus on Singapore as their base. At the Lloyd’s new office opening party in Singapore recently, there were over 300 underwriters and brokers, many of ...

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Our (very concise) View on P&I and H&M for 2015

We were kindly asked by Tradewinds to give a short overview of how we see the H&M and P&I market in 2015.  Here’s what we said in Tradewinds 9 January 2015 edition: “P&I The main themes for 2015 are diversification, regulatory effects, fixed premium and the Nairobi Convention.  Diversification of IG Clubs’ product base continues, the latest being Standard Syndicate ...

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Hanseatic P&I to open in Shanghai

Hanseatic P&I, the Hamburg and London based specialist fixed premium P&I provider has been granted a licence to open an office in Shanghai.  The office will concentrate on claims and business development with the office having opened this month. This marks a further commitment to the Asia region, with Hanseatic staff speaking Mandarin and English to serve the local Chinese ...

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