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Middle East conflict: Marine insurance rates surge by 60%
20 Jun 2025 11:27 GMT
Amid ongoing conflict in the Middle East, insurers have raised hull and machinery insurance premiums by 60% for vessels transiting the Strait of Hormuz.
This hike has pushed typical rates from 0.125% of a shipβs value up to 0.2% within just a few days.
For …
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Marine Insurance Market to Hit $33.9 Billion by 2028, Riding 3.1% CAGR Wave
20 Jun 2025 09:21 GMT
… in marine commerce. Marine insurance policies typically offer … global marine insurance market. However, abrupt increments in marine insurance premiums … have propelled the demand for marine insurance globally.
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Charting a new course: How Visicover is revolutionising marine insurance
19 Jun 2025 11:14 GMT
… years after launching into the marine insurance market, Visicover has gathered momentum …
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An insurance firm is ordered to pay $44M in a lawsuit filed by a man freed from prison in Missouri
20 Jun 2025 21:55 GMT
… -based St. Paul Fire and Marine Insurance Co. in Missouri's …
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Tanzindia Assurance Company Limited: Redefining trust and innovation in Tanzaniaβs insurance sector
20 Jun 2025 16:17 GMT
… presently done are; fire insurance, marine insurance cargo and hull, motor insurance …
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Ecosystems as Models for Restoring our Economies to a Sustainable State, 2nd Edition: Excerpt
20 Jun 2025 10:16 GMT
… such as double-entry bookkeeping, marine insurance, and holding companies.12 A …
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Tanker execs lay out Strait of Hormuz scenarios as spot rates double
20 Jun 2025 00:13 GMT
… said.
βIf you look at marine insurance today, premiums have not gone …
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Ryan Ferguson, wrongfully convicted in 2001 killing, awarded over $43M
20 Jun 2025 00:16 GMT
… insurer, St. Paul Fire and Marine Insurance Company, a subsidiary of Travelers …
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Great American Insurance Groupβs Property & Inland Marine Division Announces Availability of Certain Products on Dyad Platform
19 Jun 2025 14:15 GMT
… solutions using property and inland marine insurance products and services. Policies are …
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Freight market reacts to soaring Middle East tensions
19 Jun 2025 08:50 GMT
… McLennan, the worldβs largest marine insurance broker, hull and machinery insurance …