Lockton offers a range of products and services to meet business insurance needs around the world.

PRODUCT

Marine, Hull & Cargo

Marine Insurance Designed for your Needs

As the shipping world continues to contend with rapid industry change such as oversupply and reducing demand, increasing regulation and security concerns, the risk challenge of protecting ships and associated maritime infrastructure continues to grow.

Serving maritime industries including offshore, logistics, ports and terminals, cruise and passenger, bulk and commodity traders and marine construction, we are experts in marine insurance solutions both locally and globally.

Our marine practice group in Asia has industry leading knowledge and experience to advise on all marine related risk, as well as market relationships with insurers all over the world. Lockton has a truly global team of experts located in all major insurance and shipping hubs.

Our Products and Services

The core products and services we specialise in are:

Cargo and transit

  • Professional carriers and goods in transit carriers

  • Goods in transit - single and annual policies

Liability

  • Comprehensive general liabilities, including contractual liability

  • Terminal operators’ liabilities

  • Ship repairers’ liability

  • Transport / logistics / freight forwarders’ liabilities

  • Professional liability

  • Excess marine liabilities

  • Portfolio marine liability reinsurance risks

  • Special risks

Hull

  • Hull and machinery

  • Increased value, freight, and anticipated owners’ interest

  • War and terrorism, kidnap and ransom

  • Loss of hire and loss of revenue

  • Construction and builders’ risks

  • Mortgagees’ interest and mortgagees’ additional perils

  • Super yacht insurance

Protection and indemnity

  • Mutual and fixed premium cover

  • Charterers’ liability, including damage to hull and bunkers

  • Specialist operations, salvage operations and towage

  • Mutual club exclusion buy backs (non-poolable risks)

  • Liabilities arising from ownership or custody of cargo

Key Contacts - Marine Greater China

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Alan Wu

Senior Vice President, Marine, Specialty & Reinsurance - Greater China
alan.wu@lockton.com

Lin Xiaojun - Senior Partner - Greater China
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Xiaojun Lin

Senior Partner - Greater China
xiaojun.lin@lockton.com
+852 2250 2878

Latest News & Insights

Lockton People Solutions is excited to announce details of its 2026 Global Benefits Forum, an annual event series bringing together HR leaders from around the world to explore the forces reshaping employee benefits and workforce strategies for multinational employers. Lockton announces 2026 Global Benefits Forum series

Isaac Benjamin Fuente Joins Lockton as Head of Aviation, Regional Transportation – Asia

Lockton is pleased to announce the appointment of Isaac Benjamin Fuente as Head of Aviation, Regional Transportation – Asia, effective February 23, 2026. Based in the Singapore hub, Isaac will spearhead Lockton’s aviation capabilities, driving strategic growth and risk advisory services across the Asia-Pacific region.

With over eight years of experience in the London and Asian markets, Isaac specializes in:

    General Aviation & Aerospace

    Airline Risk Management

    Loss of License & Specialty Risks

Reporting to Sung Wook Han (Head of Marine & Transportation – Asia), Isaac will lead a dedicated regional team to support airlines, lessors, airports, and MROs with tailored insurance solutions.Lockton is pleased to announce the appointment of Isaac Benjamin Fuente as Head of Aviation, Regional Transportation – Asia, effective February 23, 2026. Based in the Singapore hub, Isaac will spearhead Lockton’s aviation capabilities, driving strategic growth and risk advisory services across the Asia-Pacific region.

With over eight years of experience in the London and Asian markets, Isaac specializes in:

    General Aviation & Aerospace

    Airline Risk Management

    Loss of License & Specialty Risks

Reporting to Sung Wook Han (Head of Marine & Transportation – Asia), Isaac will lead a dedicated regional team to support airlines, lessors, airports, and MROs with tailored insurance solutions.

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Political Violence Market Update 2026

A softening market for Political Violence (PV) Insurance is a welcome sign for buyers, following a prolonged hard period. An influx of approximately £350m of new capacity via Lloyd’s syndicates and specialist underwriting agencies is driving competition, enabling brokers to market accounts more widely and deliver premium savings to clients.

But it's not all straightforward. While the years prior to 2022 saw a high volume of claims relating to civil unrest, the market has since been dominated by larger-scale incidents of political violence – forcing insurers to adapt their strategies. For buyers, this introduces complexity: S&T policies are now unlikely to offer indemnity against some of the most common threats of the last three-to-five years. This being the case, more buyers may gravitate towards the broader scope of Political Violence cover.A softening market for Political Violence (PV) Insurance is a welcome sign for buyers, following a prolonged hard period. An influx of approximately £350m of new capacity via Lloyd’s syndicates and specialist underwriting agencies is driving competition, enabling brokers to market accounts more widely and deliver premium savings to clients.

But it's not all straightforward. While the years prior to 2022 saw a high volume of claims relating to civil unrest, the market has since been dominated by larger-scale incidents of political violence – forcing insurers to adapt their strategies. For buyers, this introduces complexity: S&T policies are now unlikely to offer indemnity against some of the most common threats of the last three-to-five years. This being the case, more buyers may gravitate towards the broader scope of Political Violence cover.
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