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London Marine Insurers Still Offering Middle East Cover as War Risk Rates Rise: Broker
Mar 5 2026 // Marine insurers in the London market continue to offer cover in the Middle East, despite rising war risk premiums driven by escalating conflict in the Gulf, insurance broker Gallagher’s Marine Divisional Director...
Primary Carrier’s Insolvency Triggers Excess Carrier’s Obligation
Mar 5 2026 // A waterworks products company facing asbestos claims is entitled to tap its Chubb excess insurance policy because its primary insurance has been “exhausted” as a result of the primary carrier’s insolvency...
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says
Mar 4 2026 // A US judge sided with Uber Technologies Inc. in its complaint that American Transit Insurance Co., the largest taxi insurer in New York City, failed to defend the ride-hailing company in crash cases involving its...
London Marine Insurers Widen High-Risk Zone in Mideast Gulf as Conflict Escalates
Mar 3 2026 // London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday. Guidance from the Joint War Committee,...
‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War
Mar 3 2026 // The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan” supply crunch. That paradigm shift dawned on the more than 3,500 importers, freight...
MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources
Mar 3 2026 // Malaysia’s central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open...
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