War Risk Insurance Premiums
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Maritime
Shippers’ Council Demands Review Of War Risk Insurance On Nigerian-bound Vessels
The Nigerian Shippers’ Council (NSC) has renewed calls for a drastic downward review—or outright removal—of the controversial war risk insurance…
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Maritime
Nigerians Plan P&I Club, Oyetola Demands End To $1.5bn WRI Surcharge
Maritime industry stakeholders have initiated plans to set up a Protection and Indemnity (P&I) club as a viable insurance alternative…
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Maritime
War Risk Insurance: NIMASA Leads Crusade To End Nigeria’s Annual $400bn Losses
War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises…
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