Ship Insurers Brace for Major Claims Following Iran War, Allianz Warns - India Seatrade News
9 Articles
9 Articles
There is still little movement in the street of Hormus. However, waiting has its price: the cost of insurance increases, and algae and bacteria increase the ship's hulls.
Maritime Analysis Warns of $125 Billion Worth of Cargoes and Ongoing Risks in Hormuz
Follow all developments regarding the Middle East in our live blog.
The Insurance Chokepoint: War-Risk Pricing as an Instrument of Maritime Coercion
Iran War Topic Week By Bruce Randolph Tizes Most analysis of the U.S.-Iran maritime war will focus on carrier strike group positioning, IRGC small-boat tactics, Marine Corps Stand-in Forces, and the operational lessons of contested chokepoints. Those analyses are necessary. They also miss a dimension Iran has built as deliberately as its mine and drone…
Ship Insurers Brace for Major Claims as Iran War Raises Maritime Risk
Marine insurers are bracing for a wave of claims as the Iran war continues to disrupt shipping routes and heighten war-risk exposure across the Gulf and surrounding waters. The conflict has pushed up premiums, complicated vessel movements and raised the likelihood of losses linked to delayed voyages, cargo disruptions and security incidents. Allianz has warned that the situation is creating fresh pressure on the global insurance market, particul…
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