Insurance

Deadly ship strike leaves London war risk insurers on the hook for first time in Houthi campaign

Underwriters are appointing a salvor to rescue abandoned bulker True Confidence

The bulk carrier True Confidence burns after a missile attack by Yemen’s Houthi rebels in the Gulf of Aden.
The bulk carrier True Confidence burns after a missile attack by Yemen’s Houthi rebels in the Gulf of Aden.Photo: US military’s Central Command
London
Published 7 March 2024, 12:16Updated 7 March 2024, 15:33
Fidelis InsuranceRed Sea crisisGulf of Aden