Shipowners more confident about doing such fixtures without risk of inaccurate attestations, P&I club lawyer says

Lloyd’s carrier was first re/insurer to sign up to facility, which was launched last December

This year is already set to go down as one of geopolitical realignment on a scale not seen in decades

Shipowners and insurers face lexical challenge of defining ‘strictly necessary’ and ‘best efforts’ under 16th round of regulations

Some vessels idling, while time charter deals set to yield lower payments

The private sector, including insurers, must speak truth to power

Finding a solution to property war cover creates the potential for other international insurers to enter Ukraine, broker’s head of crisis management, Hamish Greenwood, says

Security guarantees are needed to attract investment to Ukraine, according to insurance panel at World Economic Forum gathering

List includes all International Group affiliates and best-known fixed premium outfits

Broker says first-of-its-kind facility will offer up to $50m per risk and cover properties more than 100 km from the front line

The €110m facility aims to address the shortage of reinsurance capacity resulting from Russia’s invasion of Ukraine

Rules drawn up by inexperienced regulators risk unintended consequences, audience hears