Iran Says Oil Blockade Will Continue Until Attacks End; Trump Threatens Heavier Strikes March 10, 2026 By Parisa Hafezi, Enas Alashray and Kanishka Singh Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S....
Ship Clusters and Speeding Tankers Point to Hormuz Jamming March 10, 2026 By Weilun Soon At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic...
How US-Israeli War on Iran Is Upending Global Business March 9, 2026 The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and...
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...