Russian war risk rates primed to sky rocket as exclusion clauses limit insurance capacity
Underwriters say despite reinsurers withdrawal from the market cover will be available, but at what price?
Underwriters say despite reinsurers withdrawal from the market cover will be available, but at what price?
The fallout from reinsurers’ 1 January retreat from the Russian market continues to widen
Sakhalin LNG exports threatened by Russian war risk exclusions Read More »
Move is in response to new conditions of cover applied by the P&I clubs’ reinsurers at 1 January policy renewal
P&I clubs forced to apply Russian exclusions on fixed premium war risk cover Read More »
Lloyd’s of London insurer is to put the business book into run-off
Reinsurer Atrium to exit ‘unviable’ marine market, and more could follow Read More »
Marine sector could be hit by the move which is aimed at limiting losses from aircraft lease claims
Reinsurers mull Russian exclusion clause — sparking fears for marine cover Read More »