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Allianz Warns Of Insurance Risk For Ships Idle Amid Crisis

By Martin Croucher ( May 28, 2020, 3:36 PM BST) -- Insurers face the potential for "multibillion-dollar" losses because ships are lying idle on the U.S. east coast as hurricane season approaches, Allianz warned Thursday, highlighting an unforeseen consequence of the decline in global trade caused by the pandemic....

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