Guy Carpenter director warns over contaminated cargo in Tianjin

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Mark Shumway, managing director - strategic advisory, Asia-Pacific at Guy Carpenter has warned that failure to write off contaminated cargo losses in the port of Tianjin could lead to worse losses later.

In a letter published in the Financial Times Shumway, who has since pointed out that his views do not necessarily represent those held by his employer, wrote: "It is not inconceivable that every new

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