Cargo insurers can expect to face a large exposure value after the recent tanker attacks in the Gulf of Oman.
Breaking News: What Brexit Means for You
29 March 2017 | Newsletter
Prime Minister Theresa May has triggered Article 50, kickstarting Brexit. In a statement to Parliament, May called for an EU-UK partnership, one that is rooted in the shared values of free trade and combats signs of protectionist instincts in some parts of the world.
The reaction to the triggering of Article 50 has been mixed with Sterling hitting a high of $1.2476 against the Dollar and Lloyd's announcing a new subsidiary in Brussels.
So, what does this all mean for the (re)insurance sector?