Rising geopolitical tensions in Iran and the wider region since late February have had far-reaching consequences, not only for the people directly affected, but also for global trade and supply chains. Disruptions impacting key commodities such as oil, gas, and fertilisers, many of which transit through the Strait of Hormuz, are creating increased uncertainty across international markets.
For marine insurers, these developments raise complex and often unclear questions around cargo insurance coverage. How do evolving war risks affect policy response? Where are the gaps and what should market participants be watching closely? In this webinar, Richard Costain, Head of Cargo and Specie at Lancashire Syndicates and Mike Roderick, Partner at Clyde & Co, discuss the implications of the current situation for cargo policies. The session provides practical insights into war risk exposure and addresses the key challenges and questions facing the market today.
Related topics
