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war risk cargo insurance News

Markets/Coverages: WTW Launches Facility for Cargo and War-on-Land Risks in Ukraine

Å˽ðÁ«´«Ã½Ó³»­ broker WTW announced a partnership with Ukrainian insurer, VUSO, to provide a London-market-backed facility covering cargo and, crucially, war-on-land risks. This exclusive facility – which WTW describes as a market first – provides prearranged war insurance capacity, offers much …

Broker Howden Launches Red Sea Cargo War Å˽ðÁ«´«Ã½Ó³»­ as Ship Risks Surge

Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the region, the UK-based insurance broker told Reuters on Tuesday. The cost of insuring …