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A report by business improvement firm BSI Group America Inc. found that the number of terrorist attacks on global supply chains grew 8.5% in 2016 from the year prior, Securingindustry.com reported. Terror attacks included targeting oil infrastructure, hijacking, cargo theft, contraband smuggling, extortion and kidnappings across air, rail, truck and sea transport.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees