1+ day, 19+ hour ago   (251+ words) Saudi Arabia has shut down the pipeline that has kept its oil flowing since the Strait of Hormuz effectively closed earlier this year. For the marine and energy insurance markets, that's the story, not the oil price. To most readers,…...

2+ day, 23+ hour ago   (502+ words) The Rhine carries around 70% of Europe's inland waterway freight, moving diesel, heating oil, coal, grains and cocoa for companies including Thyssenkrupp, BASF and Lanxess. German chemical group Covestro has warned it may be unable to meet certain delivery obligations, given…...

3+ day, 5+ hour ago   (679+ words) Insurance Business Drought now a business continuity risk for inland waterway freight - TT Club The Rhine at its lowest since 1880, barges operating at a fraction of capacity, and nuclear reactors being shut down to conserve river cooling - TT Club's warning…...

3+ day, 14+ hour ago   (493+ words) A Federal Court judge's intervention into a horror Northern Territory airboat crash made headlines last week. But for the insurance market, the more useful story sits in a separate fight in the same court file: an insurer's refusal to indemnify…...

4+ day, 37+ min ago   (336+ words) On June 29, the US House of Representatives voted 373-15 to extend the Terrorism Risk Insurance Program through 2034. A Senate companion bill is pending. It's a routine-sounding vote on paper, but it's really Congress renewing, for the fifth time, a program built…...

3+ day, 19+ hour ago   (617+ words) New Zealand brokers have a narrowing window to review client cover – and the science says conditions will keep deteriorating. The World Meteorological Organisation (WMO) confirmed in its latest update that an intensifying El Niño is already generating droughts and floods…...

4+ day, 8+ hour ago   (328+ words) Canada's counter-tariffs on $27.6 billion of US goods took effect September 8, matching Washington's rates of 15%, 25% and 50% dollar-for-dollar across steel, aluminum, dairy, appliances, agricultural equipment, pulp and paper, as well as electronics. The measures respond to the US imposing its own 50% tariffs…...

4+ day, 17+ hour ago   (454+ words) Bangladesh’s insurance regulator distributed claim cheques worth Tk 14.51 crore to 2,549 policyholders on September 3 – an event that looks routine on its face but points to a market where the claims process has deteriorated badly enough to require the regulator to step…...

4+ day, 23+ hour ago   (259+ words) The volcano had been at Level III – the second highest on Indonesia’s four-tier warning scale – since July 2, when the Geological Agency raised the alert after a surge in seismic activity. “The increase in activity indicates a magma supply moving toward…...

5+ day, 19+ hour ago   (375+ words) Washington does not sound ready to end anything. US Commerce Secretary Howard Lutnick has accused Ottawa of picking a fight for domestic political reasons even if it is bad for the economy of Canada. Treasury Secretary Scott Bessent likened Canada…...