The increasing frequency and complexity of geopolitical conflicts is creating unpredictable exposures across both hull & machinery and P&I lines. Using recent Middle East conflicts as a case study, this fireside discussion with the Vice President and Head of Risk Management at AP Møller-Maersk examines how war risk incidents can trigger a range of liabilities—from physical damage to vessels, machinery failures and operational disruption, to P&I claims including crew injury, environmental damage and cargo loss.
The discussion will review the latest legal and contractual developments shaping war risk coverage, including evolving policy wordings, the impact of sanctions regimes and key precedents affecting coverage interpretation. The session will also focus on practical implications for coverage limits, exclusions and deductibles, as well as the structure of war risk frameworks designed to manage accumulation and catastrophic exposures.
Attendees will gain insight into how insurers and shipowners can navigate jurisdictional complexities, arbitration trends and claims handling challenges, while maintaining robust protection against unpredictable and high-severity war risk liabilities in volatile regions.