The impact of sanctions and geopolitical shifts on the European marine insurance market

In this article, three European members of Global Insurance Law Connect offer their perspective on the trends and challenges defining their region. ASD Law provides an outline of the key sanctions shaping underwriting decisions in the German insurance market, while BTG Legal in Italy and Mamo TCV in Malta discuss how sanctions are directly impacting the marine insurance market in their jurisdictions

As geopolitical tensions remain high and as sanctions against Russian and Iranian entities persist, marine insurers and their legal advisors must remain abreast of developments to ensure continued compliance with sanction regimes.