‘The market is behaving as it should’: Correcting the record on war risk cover in the gulf
The mechanism behind the headlines The source of the confusion is a contractual provision called the notice of cancellation –…
Tag: Gulf
Is it a war? The question that will define thousands of Gulf insurance claims
P&I clubs exclude war risk from standard mutual cover as a listed peril. In the clearest cases – a vessel struck…
Gulf flashpoint squeezes marine insurance as reinsurers retreat on war risk
Similarly, Stephen Rudman, head of marine – Asia, at Aon, outlined some of the primary actions that have been taken…
Texas Gulf Bank sues insurers after cyber fraud claim denied
“The Insurer will not be liable to make any payment for Loss, Regulatory Correction Expense, Public Relations Expense, or Privacy…