Folding P&I war risk into mutual cover is ‘absolute no-no’ for time being, say clubs
IG affiliates simply have more resources to handle war liability events and could probably do so more cheaply, argues Marsh Specialty UK managing director Mark Cracknell
Segment highly profitable thanks to conflicts in the Black Sea and the Red Sea. Some industry voices believe underwriters are using the proceeds to keep prices down as they fight for market share in the hull sector