Lloyd’s insurer Ascot and Marsh launch marine cargo and war insurance for grain moving from Ukrainian Black Sea ports

Lloyd’s insurer Ascot and Marsh launch marine cargo and war insurance for grain moving from Ukrainian Black Sea ports

Bruce Carnegie-Brown,chairman, Lloyd’s The Lloyd’s of London facility will provide up to $50 million of cover in marine cargo and war insurance, Lloyd’s, Ascot and Marsh said in a statement Premiums to go into the broader Black Sea area have risen sharply, to as...
Asia-Pacific accounts for $ 22bn CAT losses in H122, Insured losses at $ 8bn:Munich Re

Asia-Pacific accounts for $ 22bn CAT losses in H122, Insured losses at $ 8bn:Munich Re

Floods, earthquakes and storms caused overall global losses of some US$ 65bn compared with US$ 105bn in the loss-heavy previous year. At around US$ 34bn, insured losses were roughly in line with previous years Globally, some 4,300 people lost their lives in natural...