by AIP Online Bureau | Mar 9, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
The world’s third-biggest oil importer gets about 40% of its oil imports from the Middle East through the Strait of Hormuz.India has been hit by the stoppage of liquefied natural gas production by Qatar and the disruption to supplies from Abu Dhabi National...
by AIP Online Bureau | Mar 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Working alongside CENTCOM, DFC coverage will offer a level of security no other policy can provide. We are confident that our reinsurance plan will get oil, gasoline, LNG, jet fuel, and fertilizer through the Strait of Hormuz and flowing again to the world,said DFC...
by AIP Online Bureau | Mar 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Indian insurers and reinsurers have canceled hull coverages in war-affected areas after GIC Re flagged its seven-zone hull war-risk plan, effective March 1. The amended plan designates high-risk waters including Pakistan, the Persian Gulf, and Iran, besides...
by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners...
by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Around 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform. More tankers...
