The IMO has set out ambitious targets for decarbonising the shipping industry but a lack of experience data means insurance pricing is likely to be reactive instead of proactive.
There is a wide variation in how cyber insurers deal with non-malicious outages like CrowdStrike and as a result making loss estimates for the software failure is difficult.
Carriers rush products to meet demand as Virtual Asset Users Protection Act goes live, but face high risks due to volatility and complexities in the segment.
