Category: Iran War
Airbus revises aircraft demand as Iran War impacts industry
Airbus revised its passenger aircraft demand by 1%, citing the fallout from the Iran War and global trade tensions. The revision marks the end of a sustained period of growth for the...
Oil Tankers Continue to Navigate Strait of Hormuz
Oil tankers are continuing to navigate the Strait of Hormuz, in the face of recent attacks on an oil...
Insurers Seek Clarity Over War Clauses
The Financial Times reports that Russian submarines targeting subsea cables in UK waters or Chinese drones flying over US territory “might...
Airlines Fear Winter Flight Disruption
Airlines are preparing to slash their winter flight schedules, with the potential for planes to be grounded and tens...
How the Iran War is disrupting global entertainment events
Russell hosted a webinar examining how the Iran War is impacting major entertainment events including the FIFA World Cup. ...
Food Tariff Cuts Help Ease Pressure on UK Economy
The UK Government’s announcement of tariff cuts to biscuits and chocolates is welcome news for consumers but even biscuits...
European Airlines Raise Alarm over Looming Jet Fuel Shortage
Leading European airlines including Air France & KLM have been forced to introduce surcharges on long-haul flights, in response to...
Jet Fuel Shortage Threatens Major Airline Disruption
All the major airlines, underwriters and insurance brokers in the specialty risk market are on high alert now that Europe reportedly has just...
Iran War Raises Concerns for Underwriters
The Iran War has highlighted the issue of unquantified risk accumulation and is impacting underwriting portfolios, according to attendees...
Southeast Asia suffers trade fallout as Iran war reaches one month
Follow our dedicated coverage on Iran here Japan, India, South Korea, China along with a host of other nations...
$12 billion of aircraft at risk after drone attack at Dubai Airport
119 aircraft with an estimated market value of $12 billion were at risk after Dubai airport was targeted by a drone...
Coverage of Iran war
$3.5 billion liability for sectors from Iran War
The outbreak of the Iran conflict has exposed much of the specialty classes to significant exposure. Sectors Most Exposed...