Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity March 25, 2026 Brit Group Holdings Ltd., the London-based specialty re/insurer, announced the launch of “BRIDGE,” a new cargo consortium. The consortium, which...
Convex’s Chairman Catlin Steps Down, Succeeded by Onex CEO Le Blanc March 25, 2026 Convex Group Ltd., the international specialty insurer and reinsurer, announced that Stephen Catlin, the company’s co-founder has decided to step...
Iran Demands Crew, Cargo Details to Send Ships Through Hormuz March 25, 2026 By Alfred Cang and Weilun Soon Vessels seeking to transit the Strait of Hormuz under Iranian protection are being asked to provide lists of crew and...
Iran Charges Some Ships Hormuz Transit Fees for Safe Passage March 25, 2026 By Salma El Wardany, Fiona MacDonald, Ben Bartenstein and Samy Adghirni Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s...
Iran Reviewing US Proposal Despite Negative Initial Response, Senior Iran Official Says March 25, 2026 By Parisa Hafezi, Alexander Cornwell and Ariba Shahid Iran is still reviewing a U.S. proposal to end the war in the Gulf, despite an initial response that was...
Iran Wiped 50 Israeli Firms’ Data, Hacked Cameras, Official Says March 25, 2026 By Marissa Newman Iran-linked hackers have stepped up cyberattacks on Israel since the war began, wiping the data of over 50 small businesses...
Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn March 24, 2026 Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief...
Gulf Energy Industry Will Take Years to Recover From Iran War March 24, 2026 By Julian Lee and Paul Burkhardt It took just days for the Iran war to hobble oil fields, refineries and gas plants across the Persian Gulf,...
Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case March 24, 2026 The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s...
German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars March 24, 2026 Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and...