Challenges in securing insurance as hostilities between the U.S. and Iran escalate are slowing the return of some foreign airlines...
Iran war News
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement...
Two marine war insurance brokers and two underwriters said they have seen fewer requests for quotes since a ceasefire in...
Some war underwriters have advised shipping companies to pause voyages through the Strait of Hormuz while others are reviewing their...
The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran...
An attack on a container vessel sailing through the Strait of Hormuz has prompted some shipowners to review exit plans,...
The insurer didn't give a value of the potential hit, though it estimated that vessels and cargo with a combined...
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following...
As Wall Street races to incorporate war into its risk scenarios, the same people modeling natural catastrophes are now adapting...
Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild...