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Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the ...
Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to ...
The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects forcing down premium rates and income in a market that was ...
Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as ...
Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of explosions at China's Tianjin port last August, reinsurance broker Guy Carpenter said ...
While marine insurers remain well-capitalized, the line faces many risks. A protracted soft market has eroded margins, large losses have put pressure on rate adequacy, and marine cat experience has ...
Berkshire Hathaway Specialty Insurance Company is diving into marine insurance underwriting in both Australia and New Zealand. BSHI said it has appointed Dimitry Zilberud as head of marine, and Mark ...
AXIS Capital Holdings Ltd. said its net income dropped during the 2015 second quarter versus a year ago, becoming the latest carrier adversely affected, in part, by a drop in investment income. High ...
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be ...
Reinsurance broker Willis Group Holdings said it has completed its investment in Miller Insurance Services LLP that will enhance its wholesale insurance brokerage business and expertise in marine ...
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