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The loss of the 300,000-dwt Stellar Banner cost insurers an estimated $60m. Photo: Defesa Aerea e Naval

Trio of losses rings up $100m in claims for hull underwriters

There have been costly marine losses for insurers despite hopes that quieter trade activity would reduce claims

7 September 2020 7:38 GMT Updated 7 September 2020 14:16 GMT

in London

Three big claims this year have damaged hull and machinery insurers’ underwriting performance. TradeWinds’ estimates suggest that the three losses will have

Insurance

Trio of losses rings up $100m in claims for hull underwriters