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Somalia Insurance Political and Trade

Somali piracy additional premiums set to stay for time being

Marine insurers will take their time to respond to industry trade associations’ decision to ditch high-risk area designation for the Indian Ocean

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‘The Joint War Committee will not remove the area immediately, primarily to demonstrate that they make their own decisions and do not blindly follow advice from others,’ says war risk underwriter

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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