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Lloyd's Raises Gulf Insurance Risks After Ship Attacks

Lloyd's of London insurance market on Friday widened its list of areas in and around the Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE. Lloyd's said that the Gulf, part of the Gulf of Oman, Oman and the United Arab Emirates had been added to the list. Saudi Arabia's risk areas were meanwhile expanded to include its coasts. It comes after marine insurers in London began Thursday an extraordinary meeting to discuss the situation...

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