War threat underwriters are writing new business for the Ukraine Black Sea grain shipments after Russia stated it might help the commerce once more.
Broker Marsh has stated its joint cargo warfare threat facility supplied with Ascot Insurance is now “back in play”, hours after the announcement from Russia.
Other underwriters are anticipated to observe.
Inspection clearance is a key situation of warfare threat cover and, whereas Russian surveyors have been not inspecting ships, insurance couldn’t be positioned.
