Ascot to lead $50m Lloyd's facility to insure Ukrainian grain exports
Lloyd’s insurers led by Ascot have launched a facility that will provide up to $50m (£40.8m) of all risks marine cargo and war coverage for grain and food exports from Ukraine.
The facility will be brokered by Marsh and follows a deal struck between Russia and Ukraine on 22 July establishing a safe corridor for exports amid the ongoing conflict in Ukraine.
The first
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