Subject
Marine insurers > war risk coverage
Quote from Video
Marine insurers are cancelling warris coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers damaged. Companies including Guard, Scold, Northstandard, and the London PNI Club and the American Club said their cancellations would take effect from March 5th.

“Marine insurers are cancelling warris coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers damaged. Companies including Guard, Scold, Northstandard, and the London PNI Club and the American Club said their cancellations would take effect from March 5th.”