Political rivalries and conflicts are increasingly being played out on the high seas, increasing risks for ship owners and seafarers, as demonstrated by a number of hostile incidents involving vessels in one of the world’s most important shipping channels, the Strait of Hormuz and the Persian Gulf. Marine hull, cargo and war insurance policies can help protect vessels sailing into risky waters but how do they work and how are recent events impacting the insurance market?
At its narrowest it is...
http://www.sashippingnews.com/2019/08/15/war-insurance-what-is-it-good-for/