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The Economics of Maritime Risk and its Impact on Prices
The London market’s Joint War Committee (JWC), a highly influential advisory group of market practitioners, designates the Listed Areas or areas with “increased risk of war-related perils.” Voyages through Listed Areas must be notified to hull insurance underwriters by shipowners which ultimately triggers a negotiation for an additional premium (AP) for war risk coverage, usually quoted as a % of hull value for a 7-day period. Faced with Read More…
Democracy at the Point of Bayonets: Can Regime Change Stabilize Syria?
Western military forces have demonstrated that they are effective in implementing regime change. But such regimes failed to foster stability or eradicate jihadist extremism, and thus, war persists and blood is still spilt. Jayson Derow discusses why the overthrowing of the Assad government will not ease tensions within the Syrian civil war or the battle against ISIS.
Katie Joyce
Katie Joyce is a Junior Research Fellow and Vancouver-based intern at the NATO Council of Canada. Katie is a recent graduate of Queen’s University, where she completed her BAH with a major in Global Development Studies and certificates in international and intercultural studies. Through the department of Global Development Studies and involvement in global development Read More…



