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Chaucer leads new Marsh charterer’s product

From Insurance Daily
Tuesday, 24th May 2011 6:10 am

Chaucer Syndicates has announced leadership of a new charterer’s default insurance product offered by Marsh, which includes specialist wordings developed by both parties. In the event of a financial default under the charter party, the insurance provides protection for the shipowner’s income, including provision for the impact of changes in spot charter rates. As the [...]

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