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Marine insurers ‘lack resources’ to know beneficial owner

Principle of ‘utmost good faith’ underpins insurance market

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Insurance costs ‘would go through the roof’ if it crosschecked everything that’s said, according to chair of International Union of Marine Insurance’s legal and liability committee

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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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