Gulf News

‘Dead Zone’ in Gulf Much Smaller This Year Following Tropical Storms

Tropical weather stirred up the Gulf of Mexico, reducing this year’s dead zone off Louisiana’s coast to the third-smallest ever measured, the scientist who has measured it since 1985 said Tuesday. Marine ecologist Nancy Rabalais said the area where there’s …

Japanese Insurers to Limit Iran Oil Voyages in Mideast Gulf – Sources

Japanese insurers are warning ship owners that they will only cover one tanker at a time carrying Iranian crude oil through the Middle East Gulf due to tightening Western sanctions against OPEC’s second biggest producer, industry sources said. The three …

Ratings Recap: Gulf, Unity Re, Connaught, Macau

A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘C++’ (Marginal) from ‘B’ (Fair) and issuer credit rating (ICR) to ‘b’ from of ‘bb+’ of Gulf Insurance Limited, which is based in Trinidad, and has placed both ratings …

Ratings Recap: IGIUK, MAPFRE Re (Panama), Arab Misr, Gulf, Caribbean Alliance

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to International General Insurance Company (UK) Limited (IGIUK), both with stable outlooks. The ratings reflect “prospective strong …