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Red Sea war insurance costs rise after Houthi blockade, sources say

Red Sea war insurance costs rise after Houthi blockade, sources say

by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Indicative war risk ​premiums rose to around 0.75% of the value of a ship, from around ⁠0.3% on Friday before the Houthi announcement, according to the sources, who declined to be ​identified due to the sensitivity of the matter. LONDON: The insurance cost ​of...
Aon expands Data Center Lifecycle Insurance Program to $5 billion

Aon expands Data Center Lifecycle Insurance Program to $5 billion

by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology

“Digital infrastructure has become one of the most important and capital-intensive asset classes in the global economy.As clients build larger and more complex data center portfolios, they need access to greater insurance capacity alongside solutions that...
Big Plans: Howden charts course for IPO with multi-billion-dollar valuation

Big Plans: Howden charts course for IPO with multi-billion-dollar valuation

by AIP Online Bureau | Jul 19, 2026 | Articles, Eco/Invest/Demography, Intermediaries, Technology, Wealth Management/ Philanthropy

David Howden,Chief Executive Officer, Howden Like many sectors, insurance endured a sharp selloff after the debut of a ChatGPT enabled application that in this case enabled customers to compare insurance rates.While master of his own destiny when it comes to the...
Coffee trader widens weather insurance shield for Vietnam farmers

Coffee trader widens weather insurance shield for Vietnam farmers

by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, International News

The world’s second-biggest coffee trader is seeking to expand the coverage to 2,500 farmers this year, up from 500, said Laurent Bossolasco, Vietnam-based sustainability manager at ECOM. The company piloted the parametric insurance program five years ago, under which...
War insurance rates for ships rise after renewed vessel attacks in Strait of Hormuz

War insurance rates for ships rise after renewed vessel attacks in Strait of Hormuz

by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In the past 24 hours, war insurance rates for ships inside the Gulf have already ticked higher towards 3% of the value of a vessel from 2% at the end of last week, said the sources, who declined to be named due to the sensitivity of the matter. Some war underwriters...
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