Political sanctions put pressure on maritime insurance

Political sanctions such as the ones seen in relation to Russia/Ukraine constitute a growing challenge and are difficult to handle, says the International Union of Marine Insurers, IUMI, which will now deal with the problem.
Photo: Mikhail Metzel
Photo: Mikhail Metzel

When the global society decides to introduce sanctions against Russia following the conflict in Ukraine, the developments also impact the maritime insurance companies.

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