Tag: global supply chain
1 article
Insurance Premiums Signal Global Supply Chain Strains Ahead
A sharp spike in maritime war-risk insurance premiums served as an early warning sign of impending supply chain disruptions in the Strait of Hormuz, offering a potential low-cost signal for officials to anticipate and prepare for global supply shocks. By tracking these premium changes, Australia and other nations may be able to mitigate the impact of future disruptions.