A drone attack on the UAE's Barakah nuclear power plant and Tehran's launch of a cryptocurrency-based maritime insurance scheme add to volatility
Two months after the Trump administration assembled the most ambitious government-backed maritime reinsurance facility in modern American history, not a single ship has used it — and the professionals who actually place marine war risk coverage say they could have seen it coming
The Trump administration's $40 billion reinsurance facility has written zero business. Industry professionals say it was designed to solve a problem that did not exist — and missed the one that did
Insurance never disappeared from the Strait of Hormuz
Most customers are seeing a drop in their hazard premiums
