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Best’s News & Research Service subscription required - February 13, 2024 01:56 PM (EST)

Reinsurers Cancel Red Sea War Risk Coverage for Marine Mutuals

Several marine mutual protection and indemnity clubs said reinsurers are canceling war risk coverage in the Red Sea region, Yemen and Somalia due to heightened risk of attacks on shipping. . . .

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Commercial Lines Reinsurance War Risk Insurance Middle East Mutual Insurers Marine Africa


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