What is the difference about evaluation of risks in Marine Cargo Insurance and assessing risks in the context of marine mutual insurance or P&I ?

Joseph Tshilomb Jonathan @Joseph-Tshilomb-Jonathan

18 October 2023 0 3K Report

Marine Cargo Insurance is offered on the open market Insurance at LLoyd's in London whereas P&I Marine Insurance are offered by ship owners' association all over the world.

It is important to know how the risks are assessed by underwriters while accepting the risks in the insurance policy.

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Science method

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