Geopolitical tensions drive supply chain risks and insurance costs

Global economic uncertainty and geopolitical tensions are driving significant shifts in international trade and risk management. According to the World Economic Forum’s Global Risks Report 2026, geoeconomic confrontation, armed conflicts, and technological disruptions are creating a permanent state of instability.

In the maritime sector, insurance premiums have surged by up to 200% due to increased warfare risks and tensions in critical shipping routes such as the Red Sea and the Strait of Hormuz. This volatility is forcing companies to reconsider supply chain relocation and integrate risk management directly into business strategies.

Simultaneously, shifting trade rules are impacting regional economies. In Chile, discussions regarding the potential triangulation of Chinese products through third countries have drawn scrutiny from the United States. This has prompted calls for modern industrial policies that balance free trade with industrial sovereignty to ensure national resilience against external economic decisions.