Reinsurers for the International Group (IG) of P&I Clubs have been notified of a potential loss of around $130mn stemming from a ship involved in smuggling $1bn of cocaine last year, Insurance Insider can reveal.
The
Reinsurers for the International Group (IG) of P&I Clubs have been notified of a potential loss of around $130mn stemming from a ship involved in smuggling $1bn of cocaine last year, Insurance Insider can reveal.
The