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13 August 2026

Insurers pull war-risk cover from swathe of Red Sea

Downunder Voices Newsroom

Source reporting: Splash247

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Insurers pull war-risk cover from swathe of Red Sea

The marine insurance market is rapidly pulling back from the Red Sea, with several of the world’s leading P&I clubs issuing notices cancelling certain war-risk covers across a vast stretch of waters from the Red Sea into the Indian Ocean. NorthStandard, UK P&I Club, The Swedish Club, London P&I and other International Group members have …

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