by AIP Online Bureau | Jan 2, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The insurance companies negotiated with reinsurers to replace part of the coverage and they are expected to enable continued insurance, Nikkei reported on Thursday After renegotiating with UK reinsurers, a total of 30 billion yen ($224 million) is expected to be...
by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The move comes after Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance on Friday told shipowners that they would stop offering marine war insurance, which covers damage to ships from war in Russian waters, from Jan Industry...
by AIP Online Bureau | Apr 5, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Marine insurers said any rise in premiums was expected to take a few days after a notification period Russia’s maritime sector is grappling with the winding down of services including ship certification by leading foreign providers – needed for accessing...
