In its review of the 2021 renewal and the 2020 policy year, Japan Club has said that, continuing on from the 2019 policy year, the loss record for ocean-going vessels worsened significantly in the 2020 policy year. This was due to the impact of two large claims exceeding $10m, a higher burden of IG...
https://insurancemarinenews.com/insurance-marine-news/japan-club-2021-renewal-2020-commentary/