Marine market braces itself for $25mn war loss

MS Amlin is the lead insurer on a $25mn marine war loss from a ship
sunk off the coast of Yemen in October, The Insurance
Insider can reveal.
Sources said the loss related to a UAE-registered aluminium
catamaran-style vessel named the HSV 2 Swift, which Houthi
rebels in Yemen claimed to have hit with an anti-ship missile on 1
October.
The policy was 100 percent placed via a Marsh marine war
facility in Dubai.
It is understood MS Amlin, Talbot,...