insurance

The Trump administration on Friday unveiled a $20 billion maritime reinsurance facility aimed at restoring confidence in commercial shipping through the

As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up

London-based reinsurers are issuing seven-day cancellation notices on marine war-risk coverage after a US submarine torpedoed an Iranian warship off Sri Lanka,

War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available despite a wave of cancellations tied to the escalating conflict in the

The world’s largest shipping association says a proposal by U.S. President Donald Trump to provide political risk insurance for vessels operating in the

President Donald Trump said Tuesday he has directed the U.S. government to provide political risk insurance and financial guarantees for maritime trade

President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the escalating Middle East conflict,

London's marine insurance market has expanded the Gulf high-risk zone to include Bahrain, Djibouti, Kuwait, Oman and Qatar as the Middle East conflict

The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran

India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while

A local AP&I correspondent has been hit by a highly sophisticated email-interception scam that diverted $200,000 meant for a crew-death settlement,

War insurance costs for ships sailing to the Black Sea have spiked again, with insurers reviewing policies daily as the conflict in Ukraine spills into sea

Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling

Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to

Two of the world’s most established mutual insurance providers serving the global shipping and logistics industries announced today they are exploring a

The ocean hull insurance market is returning to a “soft environment” despite increasing premiums, according to Ilias P. Tsakiris, Chair of the

 U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week,

War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day,

By Ed McNamara, CEO of Cleveland-based port insurance broker Armada Risk Partners — The 2025 Atlantic hurricane season is shaping up to pose increasingly

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation