ZAGREB, June 22 (Hina) - The London-based insurance company Lloyd's on Tuesday informed the Croatian Embassy that the Hull War Risk organisation had considered the current list of war risk areas and decided that Croatia's southern
regions should be erased from the list. Hull War Risk and the international association of insurers (IUA) will issue a general announcement on changing the list of guarantees, the Embassy said in a statement. In adopting the decision, Hull War Risk and the IUA had taken into account arguments presented by the Croatian Government and shipping companies, so that increased insurance rates have been revoked for the Croatian part of the Adriatic.(hina) rml
ZAGREB, June 22 (Hina) - The London-based insurance company Lloyd's
on Tuesday informed the Croatian Embassy that the Hull War Risk
organisation had considered the current list of war risk areas and
decided that Croatia's southern regions should be erased from the
list.
Hull War Risk and the international association of insurers (IUA)
will issue a general announcement on changing the list of
guarantees, the Embassy said in a statement.
In adopting the decision, Hull War Risk and the IUA had taken into
account arguments presented by the Croatian Government and
shipping companies, so that increased insurance rates
have been revoked for the Croatian part of the Adriatic.
(hina) rml