#MaritimeInsurance #GulfShipping #InternationalFinance
ca.finance.yahoo.com
Chubb to serve as lead US insurer for Gulf shipping amid Iran war
March 11 (Reuters) - Insurance giant Chubb will be the lead partner on the U. S. International Development Finance Corporation's $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on Wednesday.
#MaritimeInsurance #StraitOfHormuz #WarRisk
ca.finance.yahoo.com
Analysis-Maritime insurance premiums surge as Iran conflict widens
March 6 (Reuters) - 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 the cost of moving energy through a critical maritime corridor.