Saudi Arabia-flagged, owned or operated vessels, vessels en route to or from Saudi Arabia and the Kingdom's Red Sea ports are assessed at high risk of a Houthi attack, according to Ambrey Analytics.
GIG Gulf has joined a small number of insurers that have begun to offer some form of war risk cover.
The participation insurance (takaful) sector in Turkiye chalked up contributions totalling TRY48.8bn ($1.04bn) in the first six months of the year, 50.1% higher compared to the corresponding half in 2025, in nominal terms, according to data from the Insurance Association of Turkiye (TSB). The real...
Aon has expanded Mr Vlad Bobko's responsibilities to include Global Head of Strategy for Political Risk, War Risk and Crisis Management for Risk Capital, in addition to his current role as CEO of Central and Eastern Europe and Nordics.