Insurance News: May 21-29, 2025
Summary of important insurance news occurred between May 21-29, 2025...
6 days at Suez: Insurance complications of Ever Given’s grounding
On March 23, while casually passing through the canal of Suez, an ultra large container ship of Ever Given was grounded, seizing both ways the traffic for 6 days that is halting 10 bln USD worth of marine traffic...
Insurance in the Time of Pandemics: Claims Surged by Covid-19
Covid-19 is expected to cause much more insurance losses than world-renowned catastrophes such as 2005 hurricanes, 9/11 bombing, 2011 Tohoku Earthquakes and Tsunami. As of the commencement...