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Liability Risk and Insurance

Aon urges P&I clubs to remove war risks exclusion

Aon is urging P&I clubs to remove their war risks exclusion to give ship owners greater coverage certainty in the event of a piracy attack. Continuing attacks are highlighting the need to clarify ambiguity in club cover: currently, P&I clubs do not exclude liabilities arising from piracy, but the loosely defined exclusion of ‘weapons of war’ could return piracy liabilities to the primary hull war risks underwriters, according to Aon.

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