VOL. XXXIV

NO. 20

18-FEBRUARY-1991

Insurance

War Risk Insurance Rates for Middle East Reduced

War risk insurance rates for most areas of the Middle East were furtherreduced last week because of the absence of attacks on merchant shipping in theregion. Both hull and cargo rates reached a premium level around mid-Januarywhen the war started, but were reduced in early February when there was noattack registered against any commercial ships. The War Risk Rating Committee, ajoint body of Lloyd's of...