By Noor Zainab Hussain and Manya Saini March 6 (Reuters) - As the conflict in the Gulf widens, maritime insurance premiums ...
$20B Maritime Insurance Plan for Gulf Launched ...
Chubb will be the lead partner in the U.S. International Development Finance Corp.'s (DFC) $20B Maritime Reinsurance Plan, the investment arm of the U.S. government said on Wednes ...
Three merchant vessels were struck by suspected projectiles near the Strait of Hormuz on March 11, according to the United Kingdom Maritime Trade Operations (UKMTO), highlighting renewed security ...
Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was ‘closed’.
According to Dylan Mortimer, Marine Hull UK War Leader, Marsh, there could be near-term rate increases for the Marine Hull line of business in the Gulf of ...
DFC CEO Ben Black: “We are confident that our marine reinsurance plan will get oil, gasoline, LNG, jet fuel, and fertilizer ...
“Iran and the Persian Gulf is, of course, currently an area of maximum risk severity, but insurance is still available to ...
Insurance broker Marsh said on Wednesday it had met with U.S. officials to ​explore solutions for restoring maritime trade ...
February 25, 2025: Maritime insurance on ships and their cargoes has been around, in one form or another, for as long as ships have transported cargo. The owner of a ship and the owner of its cargo ...
U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday.War risk ...
Insurance law is, at its core, a law of relationships. Whether land-based or maritime, every policy rests on an expectation of honesty, transparency, and fairness. Yet the way the law defines good ...