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AN ANCIENT PROFESSION. PIRACY & PHANTOM SHIPS DEFINITIONS MARITIME CRIME PIRACY.

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Presentation on theme: "AN ANCIENT PROFESSION. PIRACY & PHANTOM SHIPS DEFINITIONS MARITIME CRIME PIRACY."— Presentation transcript:

1 AN ANCIENT PROFESSION

2 PIRACY & PHANTOM SHIPS

3 DEFINITIONS MARITIME CRIME PIRACY

4 ALONDRA RAINBOW

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19 QUESTIONS FOR DELGATES Question 1 for delegates: Do you believe the seizure by pirates of a vessel automatically becomes a claim on a hull policy? Yes or no

20 QUESTIONS FOR DELGATES Question 2 for delegates: Do you believe a ransom demand by pirates for return of hostages and their vessel is a claim under a marine policy (instead of K&R), bearing in mind that payment of the ransom will be likely to prevent loss of the insured hull? Yes or no

21 PREVENTION PRUDENCE PRECAUTIONS

22 THE WAY AHEAD COMPREHENSIVE CHECKS CONCERTED AND EFFECTIVE INDUSTRY ACTION ?

23 THE WAY AHEAD Question 3 for delegates: Do you believe that, collectively, insurers have sufficient commercial influence that, if they were to speak with a unified voice and commit uniformly to a course of action, they could make a difference? Yes or no

24 THE WAY AHEAD Question 4 for delegates: Am I preaching to the converted? Do you believe that Claims people have sufficient of a voice within their companies to make them sit up and take notice? Yes or no

25 VERY MANY THANKS INDEED FOR YOUR KIND ATTENTION


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