Marine Insurance Shock: GIC Re Withdraws War Cover in High-Risk Sea Zones | Business News
Автор: ET Now
Загружено: 2026-03-02
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Marine Insurance Shock: GIC Re Withdraws War Cover in High-Risk Sea Zones | Business News
Global sea routes have been declared high-risk zones as state-run reinsurer GIC Re withdraws marine hull war risk coverage effective March 3, 7:00 PM. Key regions impacted include the Persian Gulf, Gulf of Oman, Black Sea, Red Sea, parts of the Indian Ocean, and Pakistan waters.
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