Industry Segments: War Page 1 / 1
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- January 10 2023
Capital squeeze takes the wind out of Asia marine renewals
War and sanctions have impacted January 1 placements, but far less than the capacity crunch.
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- December 29 2022
P&I insurers to quit war risk cover for Russia and Ukraine from January 1
Exit by reinsurers due to huge losses and lack of retrocession is forcing P&I clubs that cover 90% of ships to stop offering war risks.
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- December 28 2022
Japan’s big three told to continue marine cover in Russia: report
Insurers' plans to exit the business announced last week could affect the country's energy imports of Sakhalin-2 liquefied natural gas, which accounts for 9% of its imports.
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