Suspected Attack on 2 Oil Tankers Near Strait of Hormuz Stokes Fears of War June 13, 2019 By Verity Ratcliffe, Anthony DiPaola and Bruce Stanley Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears...
Oil Tankers in the Persian Gulf Face Highest Risk Since 2005 May 22, 2019 By Alex Longley Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint...
London Marine Insurers Expand Middle East Threat Zone After Saudi Ship Attacks May 17, 2019 By Jonathan Saul London’s marine insurance market has extended the list of waters deemed high risk to include Oman, the United Arab Emirates...
Insurer Says Iran’s Guards Likely Facilitated Saudi Tanker Attacks: Reuters May 17, 2019 By Jonathan Saul and Gwladys Fouche Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including two Saudi...
International Shipping Lanes Could Be at Risk from Escalating Yemen Conflict October 11, 2016 By Jonathan Saul Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil...
ACE Doubles Terrorism, Political Violence and War Insurance Capacity July 9, 2015 ACE Group announced it is offering increased insurance capacity of up to US$100 million/100 million euros (previously US$50 million/50 million...