US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow

Share!

Insurance Journal - Mar 09, 2026

The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran. The US International Development Finance Corp. said Friday …...

Read Full Article

Recommended Articles

Asia’s Rich Having Second Thoughts on Dubai as War Rages

Posted: Mar 09, 2026

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war ratt...

Airline Shares Battered, Airfares Surge as Iran War Intensifies

Posted: Mar 09, 2026

Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent...

Zurich to Buy Generali’s Irish Unit for €337 Million in Cash

Posted: Mar 09, 2026

Zurich Insurance Group AG agreed to buy Assicurazioni Generali SpA’s RedClick unit for €337 mi...