Cargo insurers can expect to face a large exposure value after the recent tanker attacks in the Gulf of Oman.
From the Silk Road BCE to Silk Road AD: The Connected Supply Chain Strikes Back
31 October 2017 | White Paper
Over the course of 3,000 years (120 BCE – 1450s CE), the Silk Road was the central trade route between East and West until its decline after the collapse of the Mongol Empire, where it lay forgotten until now.
For the Silk Road recently found itself centre stage as the eyes of the world turned to China where Chinese President Xi Jinping launched the Belt and Road Action Plan. The growing relevance of the Silk Road holds lessons not just for Governments but also for risk managers, underwriters and insurers adjusting to a new reality: connected supply chains.