MAPFRE is taking steps to provide active support to all clients during this extremely difficult time, including over 742,000 SMEs and self-employed professionals. To ease the difficulties faced by this group, hit especially hard by the extraordinary situation we are experiencing, the company has offered discounted premiums on policies taken out with the company corresponding to the days the state of alarm is in effect in Spain. This measure will apply to all business activities, including those that have remained open.
Navigation and Risk: The Impact of General Average
A maritime adventure is a risky undertaking. Ship owners, loaders, and charterers that use ships for maritime transportation face risks that are common to all of them, and may occur with certain likelihood. General Average embodies the principle of shared adversity,...