Country: Iran Page 1 / 1
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- October 23 2023
Strait of Hormuz in spotlight as Middle East war risks rise
With a huge amount of oil and gas passing through the strait everyday, Asia's marine (re)insurance market on high alert as regional tensions escalate and premiums rise.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- December 12 2019
Political risk rises as US imposes more sanctions on Iran
Tensions are rising in the Middle East again.
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- October 16 2019
Claimed attack on Iranian tanker to raise war risk rates
The latest incident in the Middle East will drive rates up further.
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- June 17 2019
Persian Gulf marine war risk premiums soar
An increase in attacks and uncertainty has caused the cost of cover to rise and shipowners to worry.
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- April 23 2019
US oil sanctions against Iran to tighten
The move has ramifications for the specialist and marine markets.
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- March 29 2019
Japan extends Iran oil cover amid US sanctions
The decision by Japan's parliament could prove helpful for oil importers.
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- November 6 2018
Renewed US sanctions on Iran begin
The measure will cause a headache to the marine and specialist insurance market.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- January 26 2016
Global firms look to Iran for opportunities
Top insurers are eagerly looking at Iran for business opportunities after the lifting of sanctions.
