by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In the past 24 hours, war insurance rates for ships inside the Gulf have already ticked higher towards 3% of the value of a vessel from 2% at the end of last week, said the sources, who declined to be named due to the sensitivity of the matter. Some war underwriters...
by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Donald Trump,U.S. President Trump said the Strait of Hormuz, a major shipping route for global oil and gas supplies that Iran has effectively shut down for months, would open on Friday, and that he had ordered the end of the U.S. blockade of Iranian ports....
by AIP Online Bureau | Jun 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
“The Motor War Risk Add-On Cover is designed to bridge a critical protection gap by offering insurance protection against direct physical loss or damage to the insured vehicle arising from war-related events. The cover can also be availed for motor insurance...
by AIP Online Bureau | Jun 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Jonathan Powell, Managing Director, Guy Carpenter said,“Clients are facing urgent and complex capacity needs following the Middle East conflict. Guy Carpenter was pleased to place the TFP PVT Consortium to provide structured, dependable capacity at scale. This...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The latest flare-up, which lifted oil prices by more than 1% in early trade on Wednesday, comes more than three months after the initial U.S. and Israeli strikes on Iran, with the conflict mired in a stalemate under a shaky ceasefire and the Strait of Hormuz largely...
