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      Exclusive: Saudi ship struck by Houthis had insurance from Lloyd’s insurance giant

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shipping insurance

  • Exclusive: Saudi ship struck by Houthis had insurance from Lloyd’s insurance giant

    Insurance

    Insurance giant Gallagher had insured one of two ships that were attacked by the Houthis in the Red Sea, which caused a fire to break out on board and made the ship return to port. The Lloyd’s of London broker had organised cover for the affected vessel, which was one of a pair of tankers [...]

    Rising borrowing costs depicted amid escalating tensions following the Iran war, illustrating economic impact on global ma...

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