industries and economic sectors

Often, direct and indirect damage from geopolitical shocks cannot be assessed, predicted or shared with other stakeholders, as geopolitically motivated damage is precisely targeted. As a result of the global insurance industry’s incapacity to effectively assuage these new problems, most insurers and reinsurers have resorted to ballooning insurance premiums across various industries and economic sectors Besides, premiums rise with higher risk perception. The Houthi rebels’ militancy in the Red Sea increasedthe insurance premiums on freights, beginning October 2023. The alternative route—the Cape of Good Hope—adds 30 days of transit and US$ 1 million in excess transportation charges สล็อต เว็บตรง

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