by AIP Online Bureau | Jan 17, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Underwriters are now charging about 1% of the value of a ship for calls at any port in the region, according to people involved in the market. That’s up from about 0.7% at the end of last month. The cost of insuring ships sailing through the Black Sea is surging...
by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
War insurance costs for some port calls have been quoted between 0.6% and 1% of the value of a ship in the past day by some underwriters, up from 0.4-0.6% last week. Rates of 1% would be the highest since late 2023, though still below peaks of 2% for the Red Sea at...
by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, International News, Policy
The White House said in a statement that Washington would help restore Russia’s access to the world market for agricultural and fertiliser exports and would continue facilitating talks on both sides in a bid toward achieving a sustainable peace The United States...
by AIP Online Bureau | Mar 2, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Just about all (dry bulk grain) vessels going from the Americas and western Europe are avoiding the Red Sea, the only exception is vessels going to Iran, they’re still taking the Red Sea route when shorter.All vessels we are tracking going from the Black Sea to Asia...
by AIP Online Bureau | Feb 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The impact on Suez Canal transits and global supply chains are significant but this has not affected the ability of the marine insurance market to provide adequate cover – both for Red Sea/Suez Canal transits or for the longer route around the Cape of Good Hope,...
