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Global insurance industry executives said that the recent attacks on Saudi Arabian oil tankers and pipelines will increase the cost of insuring and securing crude shipments in the Persian Gulf region, Middle East Insurance Review reported citing media sources. London's marine insurance market will meet today to assess the situation in the Middle East.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms