DP World unveils war risk insurance cover

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DP World unveils war risk insurance cover
DP World has introduced a cargo war risk insurance solution aimed at addressing rising disruption and coverage gaps across Middle East trade routes.

Traditional insurance products in the region have become increasingly fragmented, costly, or unavailable.

The scheme provides continuous protection across the full logistics chain, covering ocean or air transit, port handling, storage and inland delivery under a single policy.

This contrasts with conventional insurance structures, which typically cover only individual segments of a shipment journey.

By leveraging its scale and access to global insurance markets, DP World says it has also secured more competitive pricing than standard war risk premiums.

Yuvraj Narayan, Group Chief Executive Officer of DP World, said: “This is about solving a real, immediate problem for global trade. Supply chains don’t stop at the port or the shoreline, and neither should insurance.

“For the first time, cargo owners can access a single policy that protects goods across the entire journey, even in high-risk environments, helping keep trade moving when it matters most.”

READ: DP World extends Laem Chabang Terminal concession

The coverage applies to physical loss or damage linked to war-related risks, including conflict, civil unrest, seizure and derelict weapons. All valid claims are settled with zero deductible.

The product is available to companies trading in or through the Middle East, with coverage designed for key corridors including the Arabian Gulf, the Red Sea and associated inland routes.

Options include end-to-end cover from port to final delivery, standalone ocean, air or land transit policies, automatic port storage protection for up to 14 days, and coverage limits of up to $400 million per shipment and $1 million per inland movement.

DP World said the flexibility allows cargo owners to adjust quickly to shifting trade routes and operational disruptions.


For more information:

DP World – https://www.dpworld.com/en

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