Ukraine unlikely to ‘severely impact’ marine liability market: Miller
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Ukraine unlikely to ‘severely impact’ marine liability market: Miller

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The marine liability market is unlikely to be severely impacted by the conflict in Ukraine despite the risk of a “number of potential large losses”, according to Miller’s April update.

The broker noted that, due to reduced commercial shipping in the region and port closures, marine liability exposure has been reduced dramatically – although not entirely, as there is still some possibility of liability claims.

Despite

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