Global ship insurers to resume near full coverage for Iran oil – Officials

17 January 2017, Tokyo/Singapore — Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and London said. Restrictions on U.S. firms handling Iranian goods had greatly limited the number of reinsurers […] More »