by AIP Online Bureau | Apr 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Apart from Chubb, Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, and CNA to provide reinsurance for DFC’s Maritime Reinsurance plan. On top of DFC’s $20 billion in rolling coverage, Chubb and these new partners will provide an...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Until this war, one long-held assumption around Hormuz was that Iran would never attempt to close the strait, for fear of risking its own exports, a vital economic lifeline. In fact, ship-tracking data suggest that Tehran’s oil has continued to flow — almost entirely...
by AIP Online Bureau | Mar 27, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The war has massively disrupted shipping, sending crude oil prices up around 40%, seen liquefied natural gas prices spike, and prices for nitrogen-based fertilizers, critical to food production, rise around 50%. U.S. President Donald Trump said he would again extend...
by AIP Online Bureau | Mar 27, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Scott Bessent,US Treasury Secretary Although the program was first unveiled March 3, there’s no evidence that any vessels benefiting from the initiative have passed through the strait, a chokepoint for roughly a fifth of global oil and gas flows. Treasury Secretary...
by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News
Publicly, Iranian officials poured withering scorn on the prospect of any negotiations with the administration of U.S. President Donald Trump. But an apparent delay in delivering a formal response to Pakistan, which delivered a 15-point proposal on behalf of...