Top E&S/Specialty Stories
Hormuz shipping insurance costs swell after vessel attacks
By Alex LongleyThe cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen in the earliest days of the Iran war.
Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
The cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen in the earliest days of the Iran war.
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