Government reluctance to attribute terror blame makes war risk clauses harder to interpret, IUMI told
Officialdom’s natural inclination to sit on the fence after attacks on ships can make it harder to interpret war risk clauses, a lawyer tells the International Union of Marine Insurance conference in Toronto
‘People in positions of authority don’t want to commit to saying what happened, because that has diplomatic ramifications… No one wants to make a decision, it’s too much of a hot potato. It’s much safer to do nothing’ — Richard Neylon of HFW