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Shipping Insurance During Wartime Explained
Primul articol: 11 apr. 2026, 00:53
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Ultima actualizare: 11 apr. 2026, 00:53
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The "Odd Lots" podcast on Bloomberg delved into the intricacies of shipping insurance during wartime. The report likely covers the increased risks, the types of coverage available, and how insurers assess and manage potential losses in conflict zones. Understanding these mechanisms is crucial for businesses involved in international trade and logistics, as war can significantly disrupt supply chains and increase the cost of doing business.Articole despre acest subiect
Foto: Bloomberg
How Shipping Insurance Really Works During a War | Odd Lots
When the conflict with Iran started, some of the first headlines we saw had to do with shipping insurance. Marine insurers were said to be cancelling war risk coverage for vessels going through the Strait of Hormuz. Premiums were said to surge. Meanwhile, the Trump administration announced it would offer its own insurance for ships traversing the Gulf, in an effort to get things moving again. So why is insurance such a crucial part of maritime trade? And how does the system actually work? In thi
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