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Oil Tankers Steer Clear of Hormuz Ahead of US Blockade

2 months 1 week ago
Two Iranian-linked tankers exited the Gulf on Monday as other vessels began avoiding the Strait of Hormuz after the U.S. said it would start blockading Iranian ports later in the day, unsettling shipping markets at a vital energy chokepoint, shipping …
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Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model

2 months 1 week ago
Alternative investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process. Allocations to catastrophe bonds and other insurance-linked securities popular among hedge funds and institutional investors rose …
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15 hours 39 minutes ago
Insurance Journal
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