Tag: High piracy attacks push up marine insurance rate

Insurance

High piracy attacks push up marine insurance rate

Comfort Oseghale Due to increased piracy attacks in the Niger Delta region of Nigeria, Protection and Indemnity insurers, a maritime insurance association, has raised the rate of war-risk insurance for Nigeria. SUNDAY PUNCH recently reported Nigeria‚Äôs classification among high-risk countries in doing international maritime business by the Philippine Overseas Employment […]