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 $150 million in war coverage for shipping vessels into the ports of the Republic of Yemen.
The New York City-based firm, part of the Marsh and McLennan Companies, said marine war underwriters have agreed to provide up to $150 million in coverage for hull and machinery losses to any one vessel in Yemen. Further limits are available for protection and indemnity insurance and crew personal accident under the new market war cover available through Lloyd's underwriters.
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