by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
John Healey,UK Defense Secretary The narrowness of the Strait of Hormuz — it is less than 25 miles (40 kilometers) wide at the thinnest point — makes the danger of sea mines more acute, as ships have less room to maneuver and greater odds of striking one of the...
by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, International News
The supply could rise in April as some Middle East Gulf producers use alternative export routes to bypass the Strait of Hormuz, and said that, for the year, production would still expand more quickly than global demand. The war in the Middle East is creating the...
by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
“Together, DFC and Chubb have identified several American insurance companies to provide reinsurance policies behind Chubb and alongside DFC to expand market capacity,” the agency added. US insurance giant Chubb will be the lead partner on the U.S. International...
by AIP Online Bureau | Mar 12, 2026 | Health, Indian News, Regulation, Technology
Ajay Seth, chairman, IRDAI In the last three years, health insurance premiums have been going up by about 10 to 12 per cent, whereas inflation is about five –six per cent. If it increases by another three to four percentage points more than inflation, it becomes...
by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
“Most prominent is shipping in the Straits of Hormuz where trade has been halted, not by a lack of available insurance, but by obvious safety concerns. The market for marine war risks is operating in the manner we would expect, given the increase in threats to...