News / Insurance premium hikes adding huge costs to Syrian relief flights

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Logistics operators moving aid into Syria following last month’s earthquake have slammed insurance companies, claiming they are profiteering from tragedy.

An executive of an airline at the forefront of the aid effort told The Loadstar it always expected to pay a premium for delivering to sanctioned countries, but insurance companies were taking advantage of the situation.

“Since sanctions were imposed on Syria, insurers have added what they call a ‘war premium’ of $10,000 per flight into the country,” the executive said.

“Premiums on sanctioned ...