oil insurance news

South Korea to sidestep EU ban on maritime insurance coverage

South Korea to resume providing coverage next month South Korea plans to sidestep sanctions imposed against Iran by the European Union and will continue to…

Maritime Insurance

United Kingdom works to delay sanctions against Iran

Sanctions could have major impact on the global economy Iran is currently facing imposing sanctions from the European Union that could have serious economic implications…

Insurance news

Indian shipping firms to transport oil despite sanctions

EU sanctions putting strain on shipping industry As Europe and the U.S. begin to tighten sanctions against Iran, concerns regarding the impact these sanctions will…

European Union holds back on Iranian oil sanctions, considers exemptions for insurers

The European Union has been deliberating on how to handle sanctions imposed against Iran since late last year. Iran has been the target of oil…

India seeks alternatives to European maritime insurers as EU sanctions on Iran loom

As the European Union prepares to impose sanctions on Iran and breaks its trade agreement with the nation, the maritime insurance industry is facing a…