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International Insurance Lloyds List magazine

Marine insurance outlook in two words — more expensive

Insurance is a major element of operating expenses, and both P&I clubs and hull underwriters are looking for more money in 2021

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Given a spate of pool claims, reduced capacity at Lloyd’s and higher reinsurance costs, insureds will have to put their hands in their pockets next year

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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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