Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was ‘closed’.

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging ...

Marine insurers said they are cancelling war risk cover for ships due to the conflict in Iran and the Gulf. Here's the likely ...

Feasibility & efficacy of President Trump's plan to backstop marine insurers covering shipping in Persian Gulf is being ...

“Iran and the Persian Gulf is, of course, currently an area of maximum risk severity, but insurance is still available to ...

Hong Kong's special pool offers cheaper war cover for 10 Chinese ships in the Gulf, bolstering the city's role as a marine insurance hub Hong Kong is set to challenge London's dominance in marine ...

By Noor Zainab Hussain and Manya Saini March 4 (Reuters) - Marine insurers in the London market continue to offer cover in the Middle East, despite rising war risk premiums driven by escalating ...

Industry bodies are projecting calm, but behind the reassurances lies a market grappling with surging rates and stranded vessels ...

Move Aimed At Protecting Buyers From Disruptions ...

US and Israel strikes on Iran disrupt West Asia air travel, impacting Dubai, Doha, Abu Dhabi. Insurance claims rise as GIC Re ...

But while the world watches the price of Brent crude, a quieter, more technical crisis is unfolding behind the scenes: the collapse of marine insurance.

Learn about commercial lines insurance, its various types, and how it compares to personal lines insurance, helping businesses manage risks and protect assets.