The Asian share of global marine insurance premiums has been on the rise for several years and accounts for approximately one third of global premiums. The Asian cargo market in particular has been growing. With 12.5% China accounts for the largest share of cargo premiums among all countries in 2022 according to IUMI’s global marine insurance report.
In this webinar, Gu Jun, General Manager of Ship & Cargo Insurance, Business Department of PICC Property and Casualty Company Limited, Shanghai branch, a member from IUMI’s Chinese member association SIMI (Shanghai Institute of Marine Insurers) provides an overview of the Chinese marine insurance market. This is followed by Pierre Zheng, China Development Manager - Expert / Surveyor and Thomas Locqueneux, head of the Asian desk from CL Surveys who will discuss some of the particular risks and challenges relevant for marine insurers who do business in China.