Insurance Day
Daily Digest: Geopolitics strains cargo insurers, Tariffs to harm premium growth, New Zealand's insurance law overhaul
Catch up on the essential news and analysis from the Insurance Day experts
Cargo insurers struggle with crisis feedback loop as geopolitical risks surge
The cargo insurance industry finds itself caught in an accelerating feedback loop: by responding to rapidly escalating geopolitical
risks with their strategy of compressed response times and hair-trigger policy cancellations,
insurers may be contributing to the very market volatility they seek to understand and mitigate. This acceleration highlights a growing tension in cargo insurance: annual policies designed for predictable risk assessment
struggle with conflicts that can render months of modelling obsolete within hours.