HomeAustralia Insur.

Wreck removal is becoming a marine insurance wild card

“In some jurisdictions, you may restrict for wreck elimination claims,” mentioned Craney. In different phrases, worldwide placement methods, wordings and expectations in-built London, Singapore or Hong Kong could not map cleanly onto Australian exposures, significantly the place ports and coastal authorities transfer rapidly to guard navigation and the atmosphere. Source link

Texas Insurance Commissioner Brown retiring
Record reinsurance capacity to drive M&A activity in 2026 :: Insurance Day
Surging Oil Tanker Insurance Points to Growing Black Sea Chaos


“In some jurisdictions, you may restrict for wreck elimination claims,” mentioned Craney. In different phrases, worldwide placement methods, wordings and expectations in-built London, Singapore or Hong Kong could not map cleanly onto Australian exposures, significantly the place ports and coastal authorities transfer rapidly to guard navigation and the atmosphere.



Source link