Global insurers have begun withdrawing war risk cover for parts of the Middle East following the latest military escalation in the Gulf. The move reflects a sharp contraction in reinsurance appetite and has introduced fresh uncertainty for shipowners and charterers operating in the region. Coordinated Cancellations by Major P&I Clubs Leading P&I Clubs, including Gard, […] The post Global insurers pull war risk cover amid Gulf escalation appeared first on Container News .