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Sarah Veysey

Marine liability rates rise as losses mount for protection and indemnity clubs

Renewals slowed by shipowner pushback

February 16, 2014 - 6:00am

Even though the Costa Concordia ran aground and capsized two years ago, the major loss is still affecting marine market reinsurance pricing.

Even though the Costa Concordia ran aground and capsized two years ago, the major loss is still affecting marine market reinsurance pricing.