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Allianz warns of significant marine claims from Iran conflict

Allianz warns of significant marine claims from Iran conflict

by AIP Online Bureau | Jun 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Clearly, loss of life and property damage – in terms of both vessels and their cargo – are the main causes to date,” said Regis Broudin, global head of marine claims at Allianz Commercial. The insurance industry is set to face significant claims for ships that were...
Wartime Marine Risks: Navigating insurance & supply chain disruptions

Wartime Marine Risks: Navigating insurance & supply chain disruptions

by AIP Online Bureau | Mar 14, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

One of the most common misconceptions during times of crisis is that all stakeholders in the supply chain are automatically aware of evolving risks and that insurance protection continues seamlessly. However, marine insurance operates under specific contractual...
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...
London marine insurers widen high-risk zone in Mideast Gulf as conflict escalates

London marine insurers widen high-risk zone in Mideast Gulf as conflict escalates

by AIP Online Bureau | Mar 4, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Gulf war risk premiums have risen fivefold in recent days compared with a week ago – before the U.S and Israel began their airstrikes on Iran – adding hundreds of thousands of dollars in extra costs for every shipment. London’s marine insurance market has widened the...

Rokstone expands Singapore Marine operation with senior hires

by AIP Online Bureau | Oct 10, 2025 | International News, Non-Life, Reinsurance, Risk Management

Rokstone Singapore is supported by a multi-year, $25 million Lloyd’s capacity agreement with Tokio Marine Kiln (TMK), covering marine classes including Construction (Builders Risk), Cargo, Hull, and Liabilities Singapore: Rokstone, the international specialty...
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