‘The market is behaving as it should’: Correcting the record on war risk cover in the gulf
The mechanism behind the headlines The source of the confusion is a contractual provision called the notice of cancellation –…
Tag: War
Is it a war? The question that will define thousands of Gulf insurance claims
P&I clubs exclude war risk from standard mutual cover as a listed peril. In the clearest cases – a vessel struck…
Gulf flashpoint squeezes marine insurance as reinsurers retreat on war risk
Similarly, Stephen Rudman, head of marine – Asia, at Aon, outlined some of the primary actions that have been taken…
Why America’s ‘Beautiful Beef’ Is a Trade War Sore Point for Europe
Hendrik Dierendonck, a second-generation butcher who has become, as he describes it, “world famous in Belgium” for his curated local…
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
As trade tensions flared between the world’s largest economies, communication between the United States and China has been so shaky…
In Trade War Clash With Trump, China Refuses to Take the Bait
If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a…
Trump’s Dilemma: A Trade War That Threatens Every Other Negotiation With China
President Trump came into office sounding as if he were eager to deal with President Xi Jinping of China on…
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home…
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
Americans hoping for some relief on inflation suffered a setback in February, as new data showed underlying price pressures intensifying…
A Trade War Is on Hold, but Trump’s Motives and a Fix Remain Uncertain
When I returned to Windsor, Ontario, the day before President Trump was set to impose potentially devastating tariffs on exports…