Markel Insurance, the insurance operation within Markel Group, has appointed Mr Sebastian Rice as Head of Global Development - Trade Credit, International.
Korea Trade Insurance Corporation has provided its first mutual growth trade finance support to suppliers of HD Hyundai Heavy Industries, marking the full-scale launch of a financing programme aimed at boosting the export competitiveness of South Korea's shipbuilding industry.
Moving cargo in and out of countries by air has been impacted by the conflict in the Middle East, even as flights in and out of the region have started to return to normal.
The global commercial insurance market entered 2026 with rare tailwinds for buyers, offering broad capacity, flexible underwriting and competitive pricing across many major lines, but the favourable environment sits alongside rising geopolitical, legal and claims-related risks that could quickly narrow options for organizations that delay action, says a new report from Aon.
The conflict in the Middle East has zeroed in how interconnected global trade is, as well as the New Zealand's reliance on a small number of shipping corridors.
The next one to two years could see expectations of a gradual increase in business interruption-related claims among SMEs, from supply chain disruption.
The Middle East conflict is taking a major toll on global shipping and trade, leading to growing interest in alternative maritime routes, including the Arctic corridor.
African Trade & Investment Development Insurance (ATIDI), Africa's leading multilateral insurer of trade risk, is seeking around $500m in capital from partners to support countries that face higher costs as a result of conflict in the Middle East.
Atradius, a global leader in trade credit insurance and risk management, has established operations in Dubai International Financial Centre (DIFC), marking a significant milestone in its Middle East growth strategy.
The exposure of Jeddah-headquartered Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to regions affected by the ongoing war in the Middle East remains limited and is also mitigated through reinsurance, according to S&P Global Ratings (S&P).