As the current conflict between Israel and Lebanon continues, Aon Marine has noted that there has been a sudden hike in rates.
A spokesperson said: "As governments seek to evacuate their expatriates in Lebanon, the London market has begun to price cover in preparation for vessels entering the region. Now it's a case of waiting for the vessels to arrive and for the Israeli government to lift the blockade.
"Lebanon is an excluded area for hull war risks so evacuation vessels will be charged an additional premium. As a result of the conflict there has been a sudden hike in rates from last week 0.1% to 0.25% today."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
