i-law

Maritime Risk International

A perfect storm ahead

James Booker , of Aon, reviews its P&I pre-renewal report 2007

The evidence from 2006 suggests high-value claims may be a feature of the current P&I cycle and the portents for 2007 also appear to be ominous. This, coupled with the rise in day-to-day claims, has created a potential perfect storm of negative drivers – at least in the minds of mutual managers.

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