Reinsurance
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz -- which has been ...
Predicting the Insurability of Prediction Markets
Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally ...
$20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
The Trump administration's $20 billion maritime reinsurance program, which aims to cover hull & machinery, as well as cargo, is designed to get ships moving through the Strait of Hormuz. But, ...
Chubb Backing Trump’s $20 Billion Reinsurance Plan for Hormuz
Chubb Ltd. is partnering with the U.S. International Development Finance Corp. on a $20 billion reinsurance backstop aimed at reviving shipping in the Strait of Hormuz, a ...
U.S. to Reinsure Maritime Losses in Gulf Up to $20B
The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region, to help provide confidence for oil and gas shippers during the war on Iran, the U.S. International Development ...
Perishables to Plane Parts Stranded as Middle East Conflict Hits Air Cargo
Shipments ranging from fresh produce to airplane parts are in limbo as Middle East conflict squeezes cargo capacity and pushes up freight rates.
The U.S. and Israeli air ...
As SCS Losses Grow, Demex Offers Modeled-Loss Reinsurance
Severe convective storms (SCS) have become the costliest insured peril of the 21st century, according to an Aon report published in January.
What Berkshire’s CEO Abel Said About Insurance
Berkshire Hathaway's chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to ...