Insurers halt Black Sea war risk coverRussian insurers have stopped covering war and terrorism risks for cargo ships in the Sea of Azov and Black Sea, while some foreign insurers have raised war risk premiums in both seas, Meduza reports, citing RBC. Russia’s Defense Ministry issued a navigational warning in July over Ukrainian attack threats in the two seas, and Lloyd’s added the Sea of Azov and much of the Black Sea to its list of areas excluded from standard war risk coverage.