by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, International News, Risk Management
Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China’s economic slowdown and shipping disruptions in the Red Sea, but they appear...
by AIP Online Bureau | Jan 24, 2024 | International News, Non-Life, Reinsurance, Risk Management
According to Freightos, a cargo booking company, the cost of shipping containers from China to the Mediterranean Sea has more than quadrupled since late November WASHINGTON: Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have...
by AIP Online Bureau | Jan 17, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Underwriters are adding clauses saying no US, UK or Israeli involvement,” he said. “Just about everybody is putting something like that in, and many include the words ‘ownership’ or ‘interest’” War risk rates have gone into a frenzy in recent days following the US...
by AIP Online Bureau | Jan 16, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Insurance industry sources said that war risk premiums had risen to around 1% of the value of a ship, from around 0.7% last week with various discounts applied by underwriters. They added that rates were expected to move higher War risk insurance premiums for...
by AIP Online Bureau | Jan 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
Around 80 per cent of India’s merchandise trade with Europe passes through the Red Sea and substantial trade with the US also takes this route. Both these geographies account for 34 per cent of the country’s total exports New Delhi: Indian exporters are...
