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Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments

August 3, 2022

Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd’s of London insurer shares plunged on a first-half loss.

The first grain-carrying ship to leave Ukrainian ports in wartime, following a deal brokered by Ankara and the United Nations, safely anchored off Turkey’s coast on Tuesday and is due to be inspected on Wednesday.

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