News Page 81 / 1302
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- March 19 2026
Strait of Hormuz hull, cargo headline rates jump 400%+ as war risk pricing remains ‘highly volatile’
Large operators with strong commercial leverage and effective broker support can reduce premiums substantially through mechanisms such as no-claims bonuses, brokers and underwriters told InsuranceAsia News.
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- March 18 2026
Drone strike on Dubai airport puts 119 aircraft worth US$12bn at risk: Russell
Flight cancellations, some lasting till June, highlight that aviation sector is on the front line of the conflict in the Middle East, according to the specialty risk intelligence specialist.
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- March 18 2026
‘Biggest system in living memory’ edges towards Australia’s coast, ARPC declares event
Narelle is the 10th named cyclone to hit Australia during the current season, which runs from November to April, according to the Bureau of Meteorology.
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- March 18 2026
India steps up efforts to create P&I club amid escalating Iran conflict: reports
Shipping ministry has held discussions with the Department of Financial Services on starting a homegrown club.
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- March 18 2026
Indonesia to launch national parametric products for coffee, cocoa farmers
Insurtech Blue Marble, state-owned insurer Asuransi Jasindo, and the InsuResilience Solutions Fund are co-funding the development and implementation, with support from the Ministry of Agriculture.
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- March 18 2026
Willis adds quartet to India aviation, aerospace team
Specialist brokers Nisha Solanki, Rushabh Thakkar, Shrutik Pitale and Ganesh Bangera have all joined from Aon.
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- March 18 2026
Sodalis acquires MGA startup Amiga Specialty for US$2.4m
Amiga, which received approval to underwrite in Hong Kong this month, will operate as BP Marsh-backed Sodalis’ platform to drive global expansion across specialty lines.
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- March 17 2026
Legacy specialist RiverStone launches Australian unit led by Mark Fleiser, strikes Zurich LPT deal
The US$283m loss portfolio transfer deal with Zurich will primarily cover Australian legacy professional indemnity, general liability and workers’ compensation portfolios.
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- March 17 2026
BPL sets up shop in Japan amid international expansion, names Kenichi Iwakura CEO
Credit and political risk insurance broker already has offices in London, Paris, New York, Singapore, Hong Kong, and Geneva.
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- March 17 2026
Lloyd’s, specialty carriers face heightened exposure to Iran conflict: Fitch
Impact on the global insurance industry will be manageable unless the scope and duration widens, according to the rating agency.