Global firms look to Iran for opportunities
January 26 2016 by InsuranceAsia News
MORE FROM: Iran
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Strait of Hormuz in spotlight as Middle East war risks rise
- October 23
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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Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
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Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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Political risk rises as US imposes more sanctions on Iran
- December 12
Tensions are rising in the Middle East again.
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Claimed attack on Iranian tanker to raise war risk rates
- October 16
The latest incident in the Middle East will drive rates up further.
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