The estimated ground-up protection and indemnity (P&I) cost for the Rena loss has deteriorated by a further $75mm to $425mn as the decision-making process on the wreck drags well into its third year, The Insurance Insider has learned.
The estimated ground-up protection and indemnity (P&I) cost for the Rena loss has deteriorated by a further $75mm to $425mn as the decision-making process on the wreck drags well into its third year, The Insurance Insider has learned.