Major marine (re)insurer Validus has joined Munich Re in expressing dissatisfaction with the structure of the global marine market following the latest major deterioration in the protection and indemnity (P&I) reserve for the Costa Concordia claim.
Major marine (re)insurer Validus has joined Munich Re in expressing dissatisfaction with the structure of the global marine market following the latest major deterioration in the protection and indemnity (P&I) reserve for the Costa Concordia claim.