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War risk insurance becomes more essential as global conflicts escalate
As global conflicts such as the ongoing war in Ukraine and tensions in the Middle East persist, war risk insurance has become a crucial yet often overlooked market. Individuals and companies are increasingly seeking coverage against the devastating impacts of war, terrorism, and political violence. ... [More info]
The Federal Government (FG) has called for the immediate removal of war risk insurance premiums on ships coming to Nigeria. Minister of Marine and Blue Economy Adegboyega Oyetola made the appeal on Wednesday in Lagos at the 3rd Annual Maritime Lecture of the Maritime Reporters Association of Nigeria (MARAN).
https://dmarketforces.com/fg-seeks-removal-of-war-risk-insurance-on-ships/