Japan’s big three to offer US$60m in Russia-Ukraine marine war cover: report
December 30 2022 by Mithun Varkey
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More IG P&I clubs introduce buyback for Red Sea war risks from February 20
- February 21
Some of the clubs will have the Red Sea and the Russia, Ukraine, Belarus excluded areas combined under the same structure with the new reinsurance panel.
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Skuld cancels Red Sea war cover following notice by reinsurers
- February 14
The notice of cancellation will come into force on February 20, following which the war risk cover for assureds will be terminated automatically for trading or being within Gulf of Aden and Southern Red Sea and other specified areas.
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Escalating Red Sea crisis puts inflation, supply chain risks in focus
- January 22
As the immediate impact of the attacks on insurance becomes clearer, underwriters are turning their attention to broader risks that could emerge should the attacks continue.
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Japanese trade insurer to cover US$680m loan for LNG purchases
- December 5
In its first policy, the state-owned Nippon Export and Investment Insurance will cover a domestic credit facility to secure the country's energy supplies.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
