Hiscox floats seized ship cover as Iran Gulf tensions threaten premiums
Hiscox has developed a product designed to protect shipping targeted by nation states amid warnings that escalating tensions between Iran and the UK and its allies could lead to higher insurance premiums.
It follows the seizure by the Iranian Revolutionary Guard of the Stena Impero, a British-flagged tanker, and its 23 crew in the Strait of Homuz in the Persian Gulf on Sunday.
The seizure of the
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