The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International ...
London's marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on ...
A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump's decision to ...
Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers ...
Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could create headwinds for a country where tourism represents ...
The co-founder of Fermat Capital Management says the market for catastrophe bonds is drawing in new issuers at a rate that's unlike anything he's seen before. John Seo, managing director and ...
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC — strikes, riots and civil commotion ...
French IT company Capgemini will sell its U.S. subsidiary Capgemini Government Solutions, it said on Sunday, after coming under pressure to explain a contract the latter signed with U.S immigration ...
Global business leaders and risk experts see more turbulent near- and long-term risk horizons, with geopolitical risks now topping weather and technological risks as immediate risks, according to the ...
Millions of people living on the expanding outskirts of Australia's major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the ...