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Missile fire hinders Middle East rescue flights as airspace edges open

Missile fire hinders Middle East rescue flights as airspace edges open

by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, Indian News, International News, Non-Life, Reinsurance

While major carrier Emirates said on Friday it was targeting “a return to 100% of its network” in the coming days, EU aviation regulator EASA extended a warning about high risks until March 11. Emirati airlines resumed some flights to global cities from the war-hit...
More tankers come under attack as US-Iran conflict spreads in the region

More tankers come under attack as US-Iran conflict spreads in the region

by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Around 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform. More tankers...
Strait of Hormuz shipping is at near-total halt, JMIC says

Strait of Hormuz shipping is at near-total halt, JMIC says

by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in note on Friday. Those crossings were cargo ships rather than oil tankers, according to the multinational naval advisory group...
London marine insurers still offering Middle East cover as War Risk rates rise: Gallagher

London marine insurers still offering Middle East cover as War Risk rates rise: Gallagher

by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

“Given the challenging maritime security environment, rates have increased from levels that owners and charterers will be used to.The cost will vary depending on the vessel type, cargo and routing, however marine insurers are very much continuing to provide cover and...
India may secure US marine cover for vessels shipping oil from Middle East

India may secure US marine cover for vessels shipping oil from Middle East

by AIP Online Bureau | Mar 5, 2026 | Indian News, Non-Life, Policy, Reinsurance

U.S. President Donald Trump has ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. New Delhi:India is in talks with the United States to secure marine cover for...
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