Insurer expects war risk coverage to increase in the Black Sea region

Being insured for port calls in the Black Sea could become more costly, projects Nordic insurer.
Photo: David Goldman/AP/Ritzau Scanpix
Photo: David Goldman/AP/Ritzau Scanpix

The closing of the grain corridor, Ukraine declaring the Black Sea a war zone, and an attack on a Russian tanker vessel are all factors contributing to a tense situation that could push war risk premiums higher. 

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