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Thursday, April 19, 2018

INTERTANKO AND ICS TO MEET REPRESENTATIVES FROM THE LONDON MARINE WAR RISKS MARKET

Members will recall that following the events of 11 September INTERTANKO and ICS held a meeting with brokers/underwriters from the London market to discuss issues concerning war risk cover and in particular the greatly increased geographical extent of the warranted areas and also the substantial increases in premiums. A follow-up meeting has been arranged for 13 November. We invite members to contact the secretariat to provide input on this important issue in advance of the planned meeting next week. A report of this meeting will follow in the next issue of the Weekly News.

Contact: Svein Ringbakken or John Fawcett-Ellis