Reinsurers will pay for most of Suez Canal blockage bill; industry sources

Capt. John

Reinsurers are likely to be on the hook for most of the insured losses accumulated as a result of the grounding of the Ever Given in the Suez Canal on March 23rd, which led to the channel being closed for six days. More than 400 vessels were affected by the canal’s temporary closure, with some…

The...

https://insurancemarinenews.com/insurance-marine-news/reinsurers-will-pay-for-most-of-suez-canal-blockage-bill-industry-sources/

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