Denmark Plans $1 Billion War Insurance for Merchant Shipping
Published on: Thursday 01 May 2025
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war insurance plan to cover ships if commercial insurance markets collapse due to geopolitical instability.
