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Maritime insurance premium, claims norms to change on energy transition: sources

September 6, 2022 Comments Off

Parameters and criteria for providing maritime insurance will change in the coming years, as the shipping industry moves towards decarbonization and as regulations on reducing emissions become mandatory, several executives involved in the process told S&P Global Commodity Insights. They point out that the Protection and Indemnity, or P&I, is a multibillion dollar insurance cover, which includes, among others, pollution…