How are marine insurers dealing with the geopolitical turmoil impacting global shipping?

According to Skuld CEO Ståle Hansen, insurers are adjusting to a new norm of international tensions, and navigating a complex regime of sanctions.

The executive joins Behind the Headlines to discuss the unique mutual model of P&I clubs and Skuld’s commercial diversification strategy, as well as reflecting on the company’s involvement in the Lloyd’s market in the 2010s. 

With the marine class facing its largest claim ever from the Baltimore Bridge disaster, Hansen explained that the incident proves the necessity of the global structure of marine risk sharing with the reinsurance market.

Plus, Insurance Insider’s Abbie Day explores how the cyber market is evolving coverage as AI changes the risk landscape.