With war drums beating ever more loudly in the Middle East, marine insurers have to make some tricky underwriting decisions as to where the greatest perils lie.
As the new head of the Joint War Committee, Beazley's chief marine underwriter, Clive Washbourn, and his fellow panelists will help guide marine underwriters in making a profit where political turbulence makes that goal all the more difficult to achieve.
Marine insurance has traditionally been written in the London market. Thus, the Joint War Committee is made up of underwriters from both the Lloyd's Market Association and the London-based International Underwriting Association.
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