Marine market caught in ‘cat’s cradle of complexities’: LMA’s Roberts
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Marine market caught in ‘cat’s cradle of complexities’: LMA’s Roberts

Aisling Finn
01 June 2023
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russia_ship_flag_sea_2022.png

The marine insurance sector must have a plan B for Western sanctions on Russia, according to Neil Roberts, head of marine and aviation at the Lloyd’s Market Association (LMA).

As a result of the sanctions imposed on Russia following its invasion of Ukraine, the marine market has been “caught in a cat’s cradle of complexities” because of the “continued pressures being applied to shipping in relation to Russian...

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