Insurance Day
Daily Digest: How marine war risk is evolving, Non-life premium growth to slow, NorthStandard hikes rates
Catch up on the essential news and analysis from the Insurance Day experts
The growing arsenal of marine war risks
The marine war risk market is stable despite a darkening geopolitical outlook and, in fact,
prices are falling in line with the rest of insurance. That said, the risk environment faced by shipping is changing. Marine war carriers still have to face seafaring criminals
and wars between states, but some of these threats are reviving or becoming more intense. Meanwhile, state and non-state actors
are employing new tactics, from drone fleets to jamming and spoofing navigation systems.