Industry Segments: War Page 1 / 1
- October 24 2023
Hong Kong-based Li will look after the insurer's war and terrorism portfolio in north Asia.
- October 13 2023
A senior market source tells IAN that airlines are unlikely to be able to gain cover as Israeli government steps in with US$6bn to support home carriers.
- October 3 2023
The Japanese lessor had commenced litigation in the Irish courts late last year against 11 insurers over its 34 aircraft stuck in Russia following European sanctions.
- September 14 2023
Secondary perils, cyber risk and pressure from the war in Ukraine dominated discussions at the reinsurer meet-up, as well as the return of industry legend Brian Duperreault.
- August 23 2023
While some carriers are excluding Taiwan completely, most have been sub-limiting exposure to US$10–25m in the aggregate.
- August 1 2023
SMBC Aviation, BOC Aviation and CDB Aviation are preparing for the hearing in cases involving several leading global (re)insurers.
- January 10 2023
War and sanctions have impacted January 1 placements, but far less than the capacity crunch.
- December 29 2022
Exit by reinsurers due to huge losses and lack of retrocession is forcing P&I clubs that cover 90% of ships to stop offering war risks.
- December 28 2022
Insurers' plans to exit the business announced last week could affect the country's energy imports of Sakhalin-2 liquefied natural gas, which accounts for 9% of its imports.