Marine & Cargo

India explores US political risk cover for Middle East energy shipments — Report

March 6 2026

Government officials have reportedly begun talks with US officials to secure political risk insurance and financial guarantees for vessels carrying oil and gas from the Middle East.

rokstone-launches-singapore-mga-with-us25m-tokio-marine-kiln-capacity

IUMI: War cover remains available for approved single voyage

March 6 2026

Insurers are monitoring vessel accumulations and crew safety as more ships avoid high-risk Middle East waters.

ping-an-assists-corporate-clients-evacuate-from-middle-east-conflict-zones

Ping An assists corporate clients to evacuate from Middle East conflict zones

March 5 2026

Ping An’s emergency response unit issued 59 risk alerts and 23 analysis reports on Middle East tensions, responding to 52 customer enquiries since January.

Japanese insurers consider widening high-risk shipping zones near Iran conflict — Report

March 5 2026

Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, and Sompo Japan are considering broadening their high-risk zones amid the escalating Middle East conflict.

Howden launches global advisory and client solutions practice for infrastructure, energy, marine

March 5 2026

Broker says the new practice will help clients address risks with specialist support at key stages.

Australia GI results slump 88% in Q4 as householders, motor claims surge on storm losses

March 5 2026

Widespread claims pressure erodes underwriting across the market, offset only by pockets of strength in D&O, travel and cyber.

us-to-offer-political-risk-insurance-for-gulf-shipping-at-reasonable-price-says-president-trump

US to offer political risk insurance for Gulf shipping at a 'very reasonable price', says President Trump

March 4 2026

Amid repricing of war exposures by marine insurers globally, the US government has stepped in to offer state-backed political risk cover via DFC.

global-reinsurers-strong-capital-buffers-seen-cushioning-middle-east-conflict-risks-sp

Global reinsurers' strong capital buffers to help cushion Middle East conflict impact: S&P

March 3 2026

S&P Global said that the direct asset exposure of most of the top 19 global reinsurers to the region is not material.

Marine insurers rush to reprice war risk cover amid US-Israeli strikes on Iran

March 3 2026

Shipping firms face stricter underwriting terms and rising costs as marine insurers react to heightened conflict risk in the Gulf and surrounding waters.

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Engineering, health, complement misc spike as India’s GI premiums rise 14% in January

February 27 2026

Miscellaneous, health and engineering drive a record January, while aviation collapses almost 96%.

uk-sanctions-maritime-mutual-over-russian-shadow-fleet-links

UK sanctions New Zealand's Maritime Mutual over Russian shadow fleet links

February 26 2026

The UK’s largest sanctions package includes NZ-based insurer alongside Russian oil major PJSC Transneft.

india-reviewing-applications-from-four-new-russian-insurers-for-oil-tanker-coverage-report

India grants stopgap validity extension to four Russian P&I insurers

February 24 2026

Four Russian P&I insurers have secured a one-month interim validity extension as India balances oil trade ties with evolving US commitments.

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