Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Insurers likely to hike oil tanker premiums after attacks

June 14, 2019 Reprints

An Iranian navy boat tries to stop the fire of an oil tanker after it was attacked in the Gulf of Oman, June 13, 2019./ Tasnim News Agency/Handout via REUTERS

Marine insurers are likely to hike insurance rates for oil tankers in the Middle East after two vessels were attacked near the Strait of Hormuz on June 13, Bloomberg reported citing sources. Norway-based Den Norske Krigsforsikring for Skib, one of the damaged vessels' insurers, will increase its war insurance rates while Hellenic Mutual War Risks Association (Bermuda) Ltd. is expected to charge an additional premium for vessels that sail through the Persian Gulf.

Help

Insurers likely to hike oil tanker premiums after attacks

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources