War-risk premiums for marine insurance surge as shipping disruptions escalate in the Strait of Hormuz due to ongoing conflicts.
Within hours of the United States and Israel launching coordinated strikes on Iran on February 28, P&I clubs issued notices of cancellation for the Persian Gulf. War-risk premiums for vessels ...
US President Donald Trump’s two-week ceasefire with Iran may reopen the Strait of Hormuz, but exporters face continued ...
The author asks: "Whether marine insurance for hull losses, cargo, delay, seizure, business interruption, and Protection & Indemnity (P&I) coverage is effective in the first place during war, or ...
Samsung Fire & Marine Insurance announced on the 29th that it has expanded the coverage of its index-type flight delay and ...