Lloyd’s of London’s Hiscox to Provide Insurance for Ukraine Grain Corridor
Wednesday, August 3, 2022 5:21 am |
< 1 Minute Read
Hiscox HSX.L is committed to providing insurance for ships traveling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd’s of London insurer’s shares plunged on a first-half loss.
Trade body the Lloyd’s Market Association last month said a consortium could be formed to provide coverage for grain shipments.
The consortium had not yet been finalized, Aki Hussain told Reuters by phone.
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