The Strait of Hormuz Crisis: Why the Greatest Opportunity in Maritime War Insurance Lies Ahead? & more related News Here
The Strait of Hormuz has been closed, mined, challenged and partially reopened since February. The war risk premium for the most exposed ships rose from 0.125% of hull value to 10% – an 80-fold increase that made headlines about the London maritime war market finally getting what it deserved after years of lenient conditions. Four…
