A London market committee that designates marine war risk areas and revises cover guidance, sometimes weekly.
The Joint War Committee, under the Lloyd's Market Association, maintains and revises the list of marine war risk areas, whose listing triggers a negotiated additional premium. Its revisions, sometimes weekly, make it the discreet arbiter of the insurable geography of shipping. In drawing these lines it exercises, without claiming it, a form of authority over the routes world trade may or may not take.
Listing the Red Sea corridor among war risk areas sent premiums soaring and pushed up to 80% of container ships to divert around the Cape of Good Hope.
zone à risque, listed area, liste des zones à risque