Learn how war exclusion clauses shield insurers from covering war-related damages, why they were expanded post-9/11, and the impact on policyholders.
LONDON -- The sharp hikes to war-risk insurance imposed on shipping and airlines after the Sept. 11 attacks could outlast the U.S.-led "war on terrorism," a senior Lloyd's executive told Reuters today ...
The recent escalation in tensions between India and Pakistan has led to a surge in enquiries about war-related insurance coverage. This comes in the wake of the ...
War risk insurance premiums for vessels traversing Ukraine’s shipping corridor in the Black Sea have increased by about 33 per cent following Russia's recent attacks on foreign ships, Bloomberg ...
LONDON (Reuters) -War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said ...
U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday. War risk ...
LONDON, Dec 4 (Reuters) - War insurance costs for ships sailing to the Black Sea have spiked again, with insurers reviewing policies daily as the conflict in Ukraine spills into sea lanes, five ...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has intensified its campaign to eliminate war risk insurance (WRI) surcharges on Nigeria-bound cargoes, a move that could save the ...