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 War-risk premiums have jumped and some providers have scaled back or withdrawn coverage, industry.Higher insurance costs have made it more expensive for tankers...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,...
by AIP Online Bureau | Mar 4, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
According to new Allianz Risk Barometer analysis,respondents in Asia Pacific identified a global supply chain paralysis and global internet outrage as the two most plausible Black Swan scenarios; the former is ranked first in China and Hong Kong, Singapore, and South...
by AIP Online Bureau | Mar 4, 2026 | Workplace/Employee Benefits
The damage and disruption shows the widening impact of a conflict that is reverberating across the Middle East, with blasts heard in Israel, Saudi Arabia, Qatar, and the UAE. The economic fallout has spread to global energy markets with oil prices spiking and tanker...
by AIP Online Bureau | Mar 4, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Gulf war risk premiums have risen fivefold in recent days compared with a week ago – before the U.S and Israel began their airstrikes on Iran – adding hundreds of thousands of dollars in extra costs for every shipment. London’s marine insurance market has widened the...
by AIP Online Bureau | Mar 3, 2026 | Indian News, Non-Life, Reinsurance
There were no injuries, and all personnel at the terminal remain safe. The remaining fourteen tanks have been secured. Adequate insurance coverage for the facility is already in place. Mumbai:JSW Infrastructure has said that one of its storage tanks at the company’s...
