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EU Insurance Political and Trade

IG circular clarifies EU sanctions on Russia

EU shipowners can still carry crude to third party countries but not member states, while EU marine insurers are banned from providing cover

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Despite Brexit, stipulations will in practice apply to the eight P&I clubs based in Britain, who make up the majority of the 13 IG affiliates

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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