I don’t have real-time access to news feeds in this turn. Here’s the most recent information I can share based on trusted sources up to 2025, plus guidance on how to verify the very latest.
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What to check for the latest news
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If you’d like, I can perform a fresh web search for the absolute latest item and summarize it with citations. I can also pull the latest AM Best rating page for SCI and extract the key numbers (FSR, ICR, BCAR, outlook) in a concise snapshot.
The 400-metre (430-yard) long Ever Given got wedged diagonally across the canal in high winds early last Tuesday, blocking the path for hundreds of vessels waiting to transit the shortest shipping route between Europe and Asia.
economictimes.indiatimes.comAM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “b...
www.businesswire.comAM Best has affirmed the Financial Strength Rating of B-, the Long-Term Issuer Credit Rating of“ bb-” and the Egypt National Scale Rating of aa.EG of Suez Canal Insurance. The outlook of these Credit Ratings is negative. SCI’ s balance sheet strength is underpinned by its risk-adjusted capitalisation at the very strong level, as measured by Best’ s Capital Adequacy...
insurancenewsnet.comThe owner and insurers of one of the world's largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship is refloated quickly, industry sources said on Wednesday.
jp.reuters.comThere were potentially thousands of insurance policies taken out on the steel boxes stacked high on the massive boat blocking the Suez Canal and upending world trade. They could result in millions of dollars in payouts — but first, a game of passing the buck.
www.nicb.orgSuez Canal Insurance's (SCI) operating performance is regarded as adequate, with the company having reported a five-year (FY2018 - FY2022) weighted average return on equity (ROE) of 15.7%, says AM Best.
meinsurancereview.comContainer ships of this size are likely insured for hull and machinery damage of S$135-188 million. Read more at straitstimes.com. Read more at straitstimes.com.
www.straitstimes.comThe claims are expected to total millions of dollars even if the ship is refloated quickly
news.tuoitre.vnAM Best has revised the outlooks to stable from negative andaffirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of 'bb-' (Fair) of Suez Canal Insurance (SCI) (Egypt). The Credit Ratings (ratings) reflect SCI's balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management (ERM). Despite SCI's relatively conservative investment allocation by asset...
www.morningstar.comThe task of pinning the blame hasnt been made any easier by the Suez Canal Authoritys rules of navigation. They state that the master of a vessel is responsible for any accident that takes place, rather than the pilots navigating them through the canal.
economictimes.indiatimes.com