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War risks and what they mean for cargo insurers

29 January 2025

Volatility in geopolitics has been on the rise in recent years with the war in Ukraine and tensions in the Middle East as poignant examples. The hostilities have major implications for the maritime industry, including for marine hull and cargo insurers. The key concepts on which war risk policies are based are largely the same for both classes of business. However, cargo clauses include war risks in a “package” whereas hull and war risk clauses are kept separate. 

In this webinar, Mike Roderick, Partner at Clyde & Co, discusses war clauses and their meaning, highlighting the differences between hull and cargo wordings with a particular focus on the cargo side.

Maritime security expert Neil Roberts, Head of Marine and Aviation at Lloyd’s Market Association and Chair of IUMI’s Policy Forum, hosts the discussion and facilitates the Q&A with the audience following Mike’s presentation.

Please click here to download the presentation and here to access the recording.

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