Falling trade across the advanced economies caused by COVID-19 led to many falsely believing that the aggregation and accumulation of exposures at ports was falling too. This was a false view as despite falling trade, there were rising port exposures. In fact, port exposure is very much a significant risk in 2022.
What lessons are there for marine (re)insurers and their corporate clients?
What prevention strategies can corporates employ to reduce their connected trade exposures?
And what can (re)insurers and brokers do to model their accumulation risk during this time of trade disruption?
By actively monitoring these ports as outlined above, marine (re)insurers will be able to manage and understand their ports exposures.
If they do not, then they may find themselves surprised by client claims as this white paper investigates.
You can download your full copy below:
For Your Information
We have recently set up a new account system as part of our new website launch and we have received some questions about the account, so we wanted to take the time to answer your questions.
The new free account log-in system on the website is designed to allow you to access all of Russell Group's white papers, infographics and collateral with ease and little hassle. It allows you to bookmark articles and it view more dedicated content (e.g. aviation articles, marine articles) on the Russell Thinking page.
The details that you give us will not be given to any third-party groups and you can opt out of all Russell emails and still enjoy using the new site and downloading Russell collateral.
To download a full copy of the report, please log in or create a free account, using the link below: