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Ukraine in talks with Marsh on war risk insurance for air transport

by AIP Online Bureau | Jan 13, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Air traffic over Ukraine has been suspended since Russia’s full-scale invasion in February 2022. But Kyiv wants to reopen Boryspil International Airport just outside the capital as soon as possible once conditions permit, which it sees as a victory for Ukraine’s...

War risk insurance rates edge up after surge in Red Sea ship attacks

by AIP Online Bureau | Dec 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Insurance industry sources said that war risk premiums had stayed firm on Monday at between 0.05% to 0.1% of the value of a ship, from around 0.03% estimated last week before the attacks. This translates into tens of thousands of dollars of additional costs for a...
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