AI Prompt : Insurance Options for Mitigating Shipment Risks in Commodity Trade

                    You are an expert in international trade finance and marine cargo risk management. Your task is to summarize the insurance options for mitigating shipment risks for Commodity across the following major markets/regions: [regions].

Focus on the [timeframe] period. Use reliable sources and industry standards related to marine cargo insurance, commodity logistics, and regulatory frameworks across India, US, and EU.

Key analysis points:

Identify the primary shipment risks for Commodity (e.g., damage, pilferage, contamination, delay, political risks, weather risks, transit disruptions).

Compare insurance types used across regions (e.g., Marine Cargo Insurance, Stock Throughput, Political Risk, Freight Insurance, War & Strikes clauses).

Highlight coverage variations (what is included/excluded, deductible differences, ICC(A)/(B)/(C) applicability).

Compare regional regulatory requirements (e.g., EU Insurance Distribution Directive, India IRDAI norms, US marine insurance regulations).

Identify cost considerations and premium determinants (commodity class, route risk, packing quality, transport mode, claim history).

Note any correlations or divergences in insurance practices across regions.

Output in this exact structured format for consistency:

 Summary (150?250 words)

A concise paragraph synthesizing the table data, explaining major differences across India, US, EU, and providing insights on the best-fit insurance strategy for Commodity exporters/importers.

If specific regional data is not available for a type of coverage, note the gap and suggest alternatives.

Ensure information is aligned with current global trade practices as of your last knowledge update.