Asia Insurance Post
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
Select Page
Sunk superyacht likely to cost insurers at least $150 million, experts say

Sunk superyacht likely to cost insurers at least $150 million, experts say

by AIP Online Bureau | Aug 30, 2024 | International News, Non-Life, Reinsurance

The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said. The P&I policy would likely be “several multiples” of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover...

Recent Posts

  • West Asia conflict: India faces 2.5 million poverty risk, UN warns
  • Net profit of ICICI Pru Life rises 56% to ₹609 cr in Q4FY26
  • Freight, insurance, input costs rise amid West Asia crisis, pharma supply chain under pressure: IPA
  • Worsening ocean heat waves ‘Supercharging’ hurricane damage, Study finds
  • Data centre coverage could reach $10 billion in premiums in 2026:S&P

Categories

  • Articles
  • Banking & Bancassurance
  • Blog
  • Breaking News!
  • Briefs
  • Climate, Environment, Renewable Energy
  • Data
  • Disaster & Management
  • Eco/Invest/Demography
  • Editorial
  • Events
  • Facts
  • Features
  • Health
  • Indian News
  • Intermediaries
  • International News
  • Interviews
  • Life
  • Main Menu
  • Non-Life
  • Pandemic
  • Pension & Social Security
  • Policy
  • Regulation
  • Reinsurance
  • Risk Management
  • Simple
  • Technology
  • Trends, Facts
  • Uncategorized
  • Wealth Management/ Philanthropy
  • Workplace/Employee Benefits
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
  • Eco/Invest/Demography
  • Indian News
  • International News
  • Health
  • Non-Life
  • Pandemic
  • Technology
  • Risk Management
  • Reinsurance
  • Banking & Bancassurance
  • Wealth Management/ Philanthropy