Marine insurance gaining attention due to EU sanctions As marine insurance continues to grab attention in the world of insurance news – with interest being fueled by the political standoff between the European Union, the U.S., and Iran – one United Kingdom-based insurance broker believes there may be a way for shipping companies to attain affordable coverage despite sanctions. Iran is currently facing sanctions from the EU in regards to oil shipments. According to these sanctions, insurance companies would not be allowed to provide coverage for cargo ships that are…
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