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Old 26th March 2026 | 13:36
  #4341 (permalink)  
larssnowpharter
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Joined: Oct 2005
: Military
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From: UK/Philippines/Italy
Originally Posted by Lonewolf_50
They will learn and adapt. (Comment on their missile troubles, China).
As satisfying as the strike on the Naval Commander may have been for those trying to take out the chain of command, Next Man Up is what happens and they press on. This isn't a chess game where if you knock out the bishop there isn't another one to fill in behind.
Isn't some of that due to insurance groups not covering the ships?
It's complicated. However, Lloyds is still providing war risks insurance at around 7.5% of hull value.
Insurance is also available for transit through the SoH but - reportedly - has a low take up. I wonder why?
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