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Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, International News, Risk Management

Still, threat levels for shipping remained high given the Houthis’ confirmation that Israeli-related assets remained open to attack and the attendant risks to broader shipping, maritime officials said. Ships with no connection to Israel had been targeted in the...
Trade War: Container liners sever US-China shipping routes across the Pacific

Trade War: Container liners sever US-China shipping routes across the Pacific

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A...

32 airports shut till May 15 as tensions escalate between India-Pakistan

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

All civil flight activities at these airports will remain suspended during this period. The Airports Authority of India (AAI) has also extended the temporary closure of 25 segments of Air Traffic Service (ATS) routes within the Delhi and Mumbai Flight Information...

Emirate royal family’s International Holding Co and Black Rock Inc float a $ 1 billion reinsurance co

by AIP Online Bureau | May 9, 2025 | Eco/Invest/Demography, International News, Non-Life

The new firm will make use of AI as a core part of the strategy, enhancing underwriting capabilities by improving the quality and speed of risk assessments. International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s...

IPL suspended indefinitely as India-Pak clashes soar

by AIP Online Bureau | May 9, 2025 | Indian News, Non-Life, Policy, Reinsurance, Risk Management

“It does not look nice that cricket goes on while the country is at war,” a BCCI official told PTI, confirming the suspension of the league, which was to wind up on May 25 in Kolkata Mumbai: The Indian Premier League (IPL) was on Friday suspended...
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