Stanislav Kovaliov: Insurance in crisis conditions and “War Premiums”.
Head of Insurance at Marine Insurance Services, Stanislav Kovaliov, presented sobering risk statistics at the BLACK SEA TRANSPORT CORRIDORS 2026: PORTS, RAILWAYS, SHIPPING conference. One of the most important facts is that in the event of a maritime accident under the General Average principle, cargo owners may be required to pay 10–20% of the cargo value to cover salvage operations. In such cases, the freight forwarder’s liability does not apply – only direct cargo insurance can provide protection.
