Marine insurers won’t pull cover over Red Sea attacks

Cargo ship

There is “no reason” for insurers to withdraw cover for Red Sea shipping amid ongoing attacks on vessels in the region, the Lloyd’s Market Association’s marine head has said.

Beginning on 19 November last year, commercial shipping vessels have been targeted in the Red Sea by Yemen-based Houthi militants, in retaliation for Israel’s ongoing military operation in Gaza.

Speaki

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Throwback Thursday: Biba’s City conference and Sweetmail

Insurance Post’s Throwback Thursday steps back in time to January 1985 to remind you what was going on this week in insurance history when the British Insurance Brokers’ Association Conference was a far smaller affair and Sweetmail cover was on offer.

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Trade Voice: James Davey, president of the British Insurance Law Association and professor of law at the University of Bristol, warns an imminent legal judgment could be decided on a false assumption.

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