A rocket into ship insurance. Red Sea insurance from 10,000 up to 700 thousand USD per ship
By Marek Grzybowski Attacks in the Red Sea increase the business risk of marine insurers, and war risk premiums are rising, Moody’s reports. Operators and freight forwarders encounter cases where insurers avoid bearing the risk of insuring ships carrying goods through the Gulf of Aden. The instability of marine insurance prices is a growing problem […]