Independent journal on economy and transport policy
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Assembly of the Committee of the Companies of Marine insurances of Genoa
Barberis: the severe hardening of the waited for market as a result of the incident to Costa Concordia can be be a matter of a straw fire
June 29, 2012
Nella relation to 152th the , that we publish in the address book “Forum of the Shipping and the Logistics”, the president of the association, Bartolomeo Barberis, has traced a picture of the Italian insurance market that takes care of shipping. “The field Bodies - it has explained - has not evidenced important changes regarding most recent passed”. Barberis has specified that “the recent Costa Concordia event, that has produced to a left bodies of the order of 500 million dollars, has generated the expectation of a severe hardening of the market” and has found that “in fact sure a greater rigidity has been manifested from various insurers, however - it has added - has the clean impression that can be be a matter of a straw fire because it does not turn out that the sottoscrittiva ability to the world-wide market is changed and since, like is natural, also the price of the assurance is determined in the long run on the base of the law of the question and of the offer, not creed can to be very optimistic on the duration of this situation”.
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