DP World moves into shipping war risk insurance

AI Summary

DP World has introduced a new war risk insurance solution for cargo handling amidst ongoing tensions in the Hormuz region. This innovative coverage aims to address uncertainties faced by businesses in the Middle East trade routes.

With the Hormuz crisis into its third month, terminal operator DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes. The solution provides continuous coverage across the entire supply chain, from ocean or air transit through port storage and inland delivery. The solution covers …