Marsh Gets Cover For Yemen Shipping
NU Online News Service, Aug 8, 11:57 a.m.EDT?Insurance broker Marsh said it has helped secure $150million in war coverage for shipping vessels into the ports of theRepublic of Yemen.
The New York City-based firm, part of the Marsh and McLennanCompanies, said marine war underwriters have agreed to provide upto $150 million in coverage for hull and machinery losses to anyone vessel in Yemen. Further limits are available for protectionand indemnity insurance and crew personal accident under the newmarket war cover available through Lloyd's underwriters.
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