Vessel and cargo value in region shows importance of maritime chokepoints. Managing geopolitical disruptions is now a top priority for shipowners and cargo operators.
War has overtaken civil unrest as the political violence exposure companies fear most, as conflicts in Europe and the Middle East disrupt global trade flows, strain political alliances, embolden adversarial powers and heighten risks to business assets.
National Bank of Greece and Allianz SE have signed a Memorandum of Understanding setting out the intention for National Bank of Greece to acquire a 30% minority equity stake in Allianz European Reliance.