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OMAC is hull insurance carrier for sunken yacht in Sicily

OMAC is hull insurance carrier for sunken yacht in Sicily

by AIP Online Bureau | Aug 22, 2024 | International News, Non-Life, Reinsurance, Risk Management

The global yacht insurance market has faced significant challenges in recent years, largely due to natural disasters like Hurricane Maria in 2017 and Hurricane Ian in 2022, which devastated numerous charter bases and hundreds of yachts Yacht insurance provider OMAC is...

Divers retrieve bodies from Mike Lynch Yacht sunk off Sicily

by AIP Online Bureau | Aug 21, 2024 | Disaster & Management, International News

Six people were likely trapped inside the Bayesian when it was hit by a tornado near Porticello, Sicily, and were unable to escape, according to authorities Italian divers on Wednesday retrieved four bodies from a sunken yacht off Sicily, where British tech...

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