“The devil is in the details” says Ian Clarke, Head of Claims and Regional Director, Hellas

Industry insurers, owners and regulators met on the 11^th May 2023, in Limassol for the inaugural CSN Cyprus Marine Insurance Conference, ‘The Financial and Legal Challenges of a 3 year cycl(on)e’.

Named in reference to all the recent challenges the Marine Insurance industry has been facing, such as the lasting effects of the COVID-19 pandemic, sanctions, natural catastrophes, in addition to regulatory and inflationary developments.

Ian Clarke joined a panel, discussing the market response to the implications of the Russia/Ukraine war. The panel had some very interesting insights and discussions, covering topics such as the industry’s perception of War Risks, and the consequences of not understanding legislation properly.