Nigeria to remain on insurers' riskiest waters list despite plea
The majority of all kidnapped seafarers worldwide are taken to Nigeria where ransoms are negotiated, prompting the Joint War Committee to uphold its assessment that there is "an enhanced risk" and allow insurers to charge more for coverage.
BY WILLIAM CLOWES, BLOOMBERG
Nigeria will remain on a list of the world's riskiest waters that insurers rely on to determine how much to charge ships traveling to different countries, even after the government asked to be removed.
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