The U.S. is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, including AIG and Berkshire Hathaway. The move announced Friday is …
Nord Stream Blasts Due to War, Say Insurers Seeking to Avoid Pay Out
The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday
