People Moves: AXA XL Taps QBE’s Weaver to Lead Energy, UK & Lloyd’s; Aon Re Names Attard Head of Analytics; BHSI Appoints AIG’s O’Broin for Transactional Liability March 9, 2026 This edition of International People Moves details appointments at AXA XL, Aon Reinsurance, and Berkshire Hathaway Specialty Insurance (BHSI). A...
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off March 9, 2026 By Alex Longley and Alaric Nightingale A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of...
Asia’s Rich Having Second Thoughts on Dubai as War Rages March 9, 2026 By Bloomberg News Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles the city that has...
Airline Shares Battered, Airfares Surge as Iran War Intensifies March 9, 2026 By Julie Zhu and Christoph Steitz Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent oil prices surging, sparking...
Zurich to Buy Generali’s Irish Unit for €337 Million in Cash March 9, 2026 By Sonia Sirletti and Noele Illien Zurich Insurance Group AG agreed to buy Assicurazioni Generali SpA’s RedClick unit for €337 million ($389 million) in cash to...
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow March 9, 2026 By Joe Deaux and Loukia Gyftopoulou The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic...
UK Banks Slammed by Flood Re’s CEO for ‘Ignoring’ Mortgage Risks March 9, 2026 By Alastair Marsh and Olivia Rudgard The UK’s flood insurer of last resort says the country’s mortgage banks aren’t doing enough to prepare for the risks...
World’s Farmers See Fertilizer Price Surge as Iran War Blocks Exports March 6, 2026 By Naveen Thukral and Ed White The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling...
Maritime Insurance Premiums Surge as Iran Conflict Widens March 6, 2026 By Noor Zainab Hussain and Manya Saini As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by...
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack March 6, 2026 By Mihir Mishra and Saikat Das London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to...