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Middle East and Africa Insurance Political and Trade

War risk rates steady despite Middle East Gulf shipping threat

War risk rates hold firm on the first business day since the Iranian capture of Stena Impero last week, because the chances of an incident of this kind had already been priced in, according to market sources

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‘We are holding our nerve, but if there are more incidents, the possibility of increases can’t be ruled out,’ said Rod Lingard, managing director of UK War Risks

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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