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...
by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in note on Friday. Those crossings were cargo ships rather than oil tankers, according to the multinational naval advisory group...
by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
“Given the challenging maritime security environment, rates have increased from levels that owners and charterers will be used to.The cost will vary depending on the vessel type, cargo and routing, however marine insurers are very much continuing to provide cover and...
by AIP Online Bureau | Mar 5, 2026 | Indian News, Non-Life, Policy, Reinsurance
U.S. President Donald Trump has ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. New Delhi:India is in talks with the United States to secure marine cover for...
by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Lloyd’s is engaging constructively with the U.S. Development Finance Corporation and relevant stakeholders, with a clear focus on ensuring that the Lloyd’s market continues to lead as the global center of excellence for war risk insurance,” a Lloyd’s spokesperson...
by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
President Donald Trump said on Tuesday the US International Development Finance Corporation would offer insurance “at a very reasonable price” to help ensure the flow of energy and other commercial trade in the Gulf. Marsh and Aon Plc, two of the world’s largest...
by AIP Online Bureau | Mar 4, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“In this context, the ‘Inter-Ministerial Group (IMG) for Supply Chain Resilience’ has been created, comprising members from Department of Financial Services, Ministry of External Affairs, Ministry of Shipping, Ports & Waterways, Ministry of...
by AIP Online Bureau | Mar 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
President Donald Trump Shipping companies and insurers have begun reassessing their exposure to the region. War-risk premiums have jumped and some providers have scaled back or withdrawn coverage, industry.Higher insurance costs have made it more expensive for tankers...
by AIP Online Bureau | Mar 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The IMF also mentioned that it has “observed disruptions to trade and economic activity, surges in energy prices, and volatility in financial markets.The situation remains highly fluid and adds to an already uncertain global economic environment,” it said...
by AIP Online Bureau | Mar 4, 2026 | Articles, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
There will be sizable insured losses, and the conflict could have far‑reaching implications for the reinsurance industry.The conflict disproportionately affects specialty lines, a segment that insures complex or high‑risk exposures, including war risk, aviation,...
