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Clubs go easy on worst-hit shipping sectors in tough renewal round

Passenger and cruiseship operators impacted by pandemic and offshore operators hit by subdued oil prices getting more lenient treatment on premiums, especially where are vessels laid up

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‘It’s all well and good saying, we need 5%, but what are people paying to start with? Five per cent on $50,000 is not the same as on $100,000,’ argues Aon’s David Mahoney

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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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