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
‘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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