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Sunday, September 13, 2026
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Red Sea
Hull insurers to pivot from growth to profitability following major conflicts, intense competition: Gallagher
August 15 2025
The hull and machinery market saw rate softening in Q2 amid aggressive competition and premium cuts.
Houthi movement expands maritime attacks to Indian Ocean
May 1 2024
Attack on the MSC Orion represents an extension of maritime assault strategy beyond the Red Sea and Gulf of Aden.
Howden launches war risk cargo product for Red Sea vessels
April 17 2024
Howden has quoted coverage up to US$150m per vessel, with Markel and Navium identified among the lead underwriters.
Insurance industry calls for Beijing engagement to help curb Red Sea attacks
February 15 2024
China and Hong Kong may be enjoying preferential insurance pricing, but supply chain risk is still a danger.
Singapore cargo underwriters prepare to cancel Red Sea war risk cover
January 16 2024
Cargo carriers' wait-and-see approach has been pushed to the limit and are poised to go the way of hull insurers by issuing cancellation notices.
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