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War risk insurance absolutely exists. > Insurance industry sources said that war risk premiums had stayed firm on Monday at between 0.05% to 0.1% of the value
by MostlyAmiable 3y ago
War risk insurance absolutely exists.
> Insurance industry sources said that war risk premiums had stayed firm on Monday at between 0.05% to 0.1% of the value of a ship, from around 0.03% estimated last week before the attacks.
https://www.reuters.com/world/middle-east/war-risk-insurance-rates-edge-up-after-surge-red-sea-ship-attacks-2023-12-04/ https://www.reuters.com/world/middle-east/war-risk-insurance...
- pi-e-sigma 3y agoThe original claim was about 'sailing in a conflict zone', a.k.a. getting fire insurance for a house that is already on fire.
- bluGill 3y agoThe original claim is "You cant get insurance for sailing in a conflict zone." Which we have clearly shown is false by showing current insurance rates for sailing in this conflict zone.