Strait of Hormuz in spotlight as Middle East war risks rise
October 23 2023 by InsuranceAsia News
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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
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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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Persian Gulf marine war risk premiums soar
- June 17
An increase in attacks and uncertainty has caused the cost of cover to rise and shipowners to worry.
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