Joint IUA/AAA Seminar following by light lunch

Wednesday 2nd November, 11:30pm - 2:30pm

DO MENTION THE WAR!  Issues arising from the detention of ships in Ukrainian ports

Burkhard Fischer and Jonathan Bruce speak about issues arising from the detention of ships in Ukrainian ports

The topics will include the development and concept of War Risks Insurance, the concept of the two premiums, declared and undeclared wars, furthermore, considerations about the “Grip of the Peril” doctrine, the residual value of vessels after a CTL has been agreed, and an introduction to reinsurance aggregation.

Burkhard Fischer is a Partner with Albatross Adjusters Ltd. in Limassol, Cyprus. He is a Fellow and current Vice-Chairman of the Association of Average Adjusters and an Associate of the Chartered Insurance Institute. With an adjusting experience of 35 years Burkhard has extensive knowledge in the marine insurance field.

Jonathan Bruce is a Partner with HFW LLP in London and deputy head of the global Insurance and Reinsurance Group. He specialises in energy, property and marine insurance and reinsurance, and shipping. He acts mainly for insurers, reinsurers, brokers, energy companies, shipowners, insureds, surveyors, and any others involved in the insurance business.

Further details will be circulated by the IUA and AAA in early October