Tag:
Shipping
Fire Insurance
Chubb picked to lead US insurance backstop for Hormuz shipping
The insurer will act as lead underwriter for a DFC reinsurance scheme backing as much as $20 billion in war-related losses
Fire Insurance
US plan to insure Gulf shipping may fall short, analysts say
Coverage gap and statutory cap reveal the math problem at the heart of Washington's proposal
Fire Insurance
Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship
The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralyzed shipping...
Fire Insurance
Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged
Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged...