cargo insurance News

Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal

LONDON –– A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn from the year-old grain export …

Insurers, Drugmakers Sail into Unknown With Covid Vaccine Rollout

LONDON — Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on high alert. Pharmaceutical companies …