Strain Grows on Shipping Industry With Vessels Stuck Inside Hormuz June 3, 2026 By Jonathan Saul Even if the U.S. and Iran agreed to halt the war and open the Strait of Hormuz, ships trapped in...
US Forces Help Ships Leave Hormuz With Quiet Version of Project Freedom June 3, 2026 By Jen Judson A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the...
Natural-Disaster Insurance Gap Now Exceeds $420 Billion Globally June 3, 2026 By Laura Millan The value of uninsured natural-catastrophe losses rose more than 7% globally last year to $424 billion, with North America the...
Business Moves: WTW Buys Redefind to Boost Access to Crypto and Digital Asset Insurance Offering; ASR Agrees to Strategic Investment From PE Firm Vitruvian Partners June 2, 2026 WTW Buys Redefind to Boost Access to Crypto, Digital Asset Insurance Insurance broker WTW announced it has acquisition of Redefind,...
People Moves: Markel Int’l Promotes McCarthy as MD of Marine, Energy and Construction Division in London; Gallagher Re Names Key Leaders of Programs Solutions Team June 2, 2026 This edition of International People Moves details appointments at Markel International and Gallagher Re. A summary of these new hires...
Still Too Risky to Move Seafarers From Gulf, UN Agency Boss Says June 2, 2026 By Jonathan Saul and Renee Maltezou Despite the current ceasefire between the United States and Iran, it remains too risky to move the thousands of sailors...
Ship Operators Urge Clear Rules to Return Hormuz to Normal June 2, 2026 By Jonathan Saul and Renee Maltezou Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran...
Viewpoint: How Climate Change Is Creating Uninsurable Areas Across Europe June 2, 2026 By Clotilde Cerdan Amiard As climate change makes extreme weather events more intense and frequent, “uninsurable areas” are becoming increasingly common. They are a...
EU May Keep Russian Oil Price Cap Unchanged at $44 Per Barrel to Pressure Moscow June 1, 2026 By Julia Payne The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an...
Markets/Coverages: Navium, Overhaul Form Consortium to Cover AI Data Server Cargo June 1, 2026 Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s (TFP’s) Pine Walk platform, announced it has partnered with...