War Risk Cover Stays Open but Insurers Tighten Grip as Vessels Reroute Around Red Sea and Persian Gulf #IUMI warns war risk cover for the #RedSea and #PersianGulf tightens to single voyage terms as operators reroute vessels and insurers monitor port accumulations. Short-term #supplychain disruption expected. #marineinsurance #maritime #shipping

#IUMI warns war risk cover for the #RedSea and #PersianGulf tightens to single voyage terms as operators reroute vessels and insurers monitor port accumulations. Short-term #supplychain disruption expected. #marineinsurance #maritime #shipping