Hellenic Marine Risk Forum

In this strained financial state, shipping underwriters have to respond properly in order to cover shipowners needs and requirements for a good deal of hull & PI insurance cover. The insurance broker’s perspectives and challenges were examined recently by the P&I and H&M insurance experts in the Hellenic Marine Risk Forum which took place at Eugenides Foundation organised by Tradewinds in association with the Hellenic Committee of Lloyd’s Brokers Associates.

The panel told that the cost of claims has increased the last years by 14-15% and they insisted that if the cost is controlled then the premium will be reduced.

Full article, ELNAVI, December 2013, Issue 480. Page. 126

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