2nd Asia Marine Insurance Conference: “Making Marine Insurance a Viable, Strategic Priority for Shipowners and Ship Managers”

Organizer Name
Asia Insurance Review
Location
Mandarin Orchard Hotel, Singapore
Registration
Public event, registration required
Contact
Michelle
+65 6372 3178

In a Buyer’s market, what are the pricing challenges, trends and opportunities facing players in Asia’s Marine Insurance sector?

This year’s 2nd Asia Marine Insurance Conference returns as the premium peer networking, Maritime Risk Management, Claims Issues and Rates Renewal Dialogue event for Asia Ship-owners, Ship Managers and all Stakeholders.

The inherent tension in the dynamics between Ship Owners and their Insurers is set to continue as owners continue to face low freight rates, over-capacity in major trades and sectors and higher operating costs. Despite the risks faced being much higher, there are severe pressures on rates and saving costs.

In the age of the “mega ship” the ever-increasing size of cruise ships, containers and tankers is creating significant challenges for salvage operations when things do go wrong at sea. Claims arising out of maritime emergencies of ‘mega ships’ can be huge. How should the maritime industry deal with the increasing risks and costs of salvage operations?

By attending the 2nd Asia Marine Insurance Conference, you will receive the following takeaways:

  • Wide range of case studies on losses, claims and recovery with lessons for Shipowners, Ship Managers, Insurers, Reinsurers, Brokers & Claims Professionals

  • Trends and forecasts for Marine Insurance – how can you use this information to optimise operations and maximise opportunities?

  • How can your Risks be better insured and managed – what are the key considerations and solutions for this?

  • New Expert Panels on Hull & Machinery, Cargo, Offshore and Energy – what are the latest developments that Insurers and Marine Stakeholders need to be aware of?

  • P&I State of the Industry – What are the Clubs doing to prioritise risk and reduce claims? Find out more about Fixed Premium P&I Market.

  • Will P&I Renewals continue with previous ‘concessions’ as base?

  • The forthcoming renewals – what can the MarineInsurance sectors expect?

Refer to www.asiainsurancereview.com/airmarine for more details.

About the Organizer

Asia Insurance Review was launched in January 1991 to meet the information needs of insurance practitioners in Asia and the rest of the world. It quickly became the premier and comprehensive professional regional magazine, read by all the key decision makers and readers in the insurance industry in Asia.

As part of th organisation’s growth process and in response to the demands of readers, it went into organising insurance-related conferences to provide a forum for the exchange of ideas and to facilitate the transfer of knowledge and expertise to the region. Very quickly, Asia Insurance Review’s technical conferences became an integral service to Asia’s insurance industry.

Asia Insurance Review publishes four comprehensive insurance directories – Insurance Directory of Asia, Reinsurance Directory of Asia, Global Takaful Directory, and the MENA Insurance Directory – which serve as reference for the industry to stay in touch.

Past Events

Inaugural MSC Maritime Digital Challenge Grand Finals Prize Presentation

Over 129 tertiary students across 35 teams took part in the inaugural MSC Maritime Digital Challenge that seeks to plug Singapore students with a passion for technology into the maritime industry.
Students from the Singapore Management University and Nanyang Polytechnic were announced as winners of the challenges posed by Eastport Maritime, Kanda and Torvald Klaveness at the Prize Presentation held on 13 November 2021.

MSC Maritime Digital Challenge 2021

Three challenge statements, 35 teams, 129 students and 12 finalist teams from 4 universities & 3 polytechnics. Catch behind-the-scene highlights of the MSC Maritime Digital Challenge 2021.

Singapore Maritime Foundation | MSC Maritime Digital Challenge 2021

Catch highlights of the MSC Maritime Digital Challenge 2021. We thank Senior Minister of State, Ministry of Transport Mr. Chee Hong Tat for being our Guest-of-Honour at the event.

SMF New Year Conversations 2022: Year-in-Perspective Video

The past two years of learning to live with Covid-19 has been challenging, but Maritime Singapore has remained resilient. What are the fundamental tenets that attract companies to anchor their business in Singapore and grow their operations here? And what more can be done to leverage on Singapore’s strengths to enhance its attractiveness as a global business hub for maritime companies? How will the Singapore Maritime Foundation organize its work around Connectivity, Innovation and Talent to strengthen the maritime ecosystem? Find out in this Year-in-Perspective video.

SMF New Year Conversations 2022: Opportunities Amid Disruptions

The 2022 SMF New Year Conversations that took place on 13 January 2022 was graced by Guest-of-Honour Mr S Iswaran, Minister for Transport & Minister-in-charge of Trade Relations. Over 250 industry leaders across the breadth of maritime attended physically and virtually.
Singapore was announced to have secured the overall top spot as an international maritime centre for the fifth consecutive time in the DNV-Menon Leading Maritime Cities 2022 report.
Thank you to our industry partners for your strong support.

Mr. Lars Kastrup

CO-PRESIDENT & EXECUTIVE DIRECTOR, PACIFIC INTERNATIONAL LINES

Mr. Lars Kastrup is the Co-President and Executive Director of Pacific International Lines (Pte) Ltd (PIL).
Prior to joining PIL, Mr. Kastrup was CEO of NOL/APL, and subsequently assumed the role of Executive Vice President, Strategy and M&A at CMA CGM Group. A veteran in the global shipping industry with over 30 years of experience, Mr Kastrup’s other roles include Executive Vice President of Assets at CMA CGM Group heading up CMA Terminals, CMA Ships, Container Logistics as well as regional carriers such as MacAndrews, OPDR and Mercosul; as well as Vice President at AP Moller-Maersk.
Mr. Kastrup complemented his tertiary education with leadership and management training at Penn State University and The Wharton School at the University of Pennsylvania.

Ms. Angeline Teo

MANAGING DIRECTOR & HEAD, GLOBAL TRANSPORTATION & OFFSHORE, OCBC BANK

Ms. Angeline Teo is the Managing Director and Head of Global Transportation and Offshore, Global Corporate Banking at OCBC Bank which focuses on the maritime, aviation, land & port ecosystems.
Ms. Teo has spent over three decades in maritime finance. Prior to OCBC, Ms. Teo was working at ING Bank, ABN Amro and DnB in Singapore focusing on maritime and offshore.
Ms. Teo graduated from the National University of Singapore with a degree in Business Administration.

Mr. John Martin

CHIEF EXECUTIVE OFFICER, GARD SINGAPORE

Mr. John Martin began his career in London in 1989 with Richards Hogg Lindley Average Adjusters, and qualified as a Fellow of the UK Association of Average Adjusters in 2000.
At RHL he worked in their offices in Australia, Taiwan and Hong Kong. In 2003 he joined Gard Hong Kong, as a claims handler. Mr. Martin also worked in Gard Japan, and in 2014 he moved to Singapore to set up the Gard Singapore office.
Besides running Gard Singapore, Mr. Martin also heads the P&I and H&M claims units and is the Senior Claims Representative for Gard in Asia.

Mr. Cyril Ducau

CHIEF EXECUTIVE OFFICER, EASTERN PACIFIC SHIPPING

Mr. Cyril Ducau is the Chief Executive Officer of Eastern Pacific Shipping Pte Ltd, a leading shipping company headquartered in Singapore for the past 30 years.

He is also currently the Chairman of Kenon Holdings Ltd and a member of the board of directors of Gard P&I (Bermuda) Ltd. and of the Global Centre for Maritime Decarbonisation Limited, which was established by the Maritime and Port Authority of Singapore. He was previously Head of Business Development of Quantum Pacific Advisory Limited in London from 2008 to 2012 and acted as Director and Chairman of Pacific Drilling SA between 2011 and 2018.
Prior to joining Quantum Pacific Advisory Limited, Mr. Ducau was Vice President in the Investment Banking Division of Morgan Stanley & Co. International Ltd. in London between 2000 and 2008.
Mr. Ducau graduated from ESCP Europe Business School (Paris, Oxford, Berlin) and holds a Master of Science in business administration and a Diplom Kaufmann.