Ship insurers to cancel war cover for Russia, Ukraine from January 12 min read . Updated: 29 Dec 2022, 08:00 AM IST
The Japanese government has urged insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian waters
Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses.
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