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Press Article: Asia piracy hits five-year high but war rates 'stable'

News & Insights 22 January 2021


Standard Club tells Insurance Asia News that claims have been relatively low and the region's risk profile remains unchanged.

War risk rates are expected to remain stable in Asia despite sea robbery and piracy incidents climbing 17% last year and reaching a five-year high.

Jack Marriott-Smalley, Regional Underwriting Director tells Insurance Asia News that claims have been relatively low and the region's risk profile remains unchanged.

Read the full article linked on the right.

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