PR No. 30
SOLVING THEIR PROBLEMS AND FACILITATING ITS PEOPLE IS THE PRIME RESPONSIBILITY OF THE STATE : PAKISTANI DELEGATION
Islamabad: December 04, 2019


On Monday, 2nd December 2019 the Pakistan delegation led by Rizwan Ahmed, Federal Secretary Maritime Affairs Government of Pakistan had a meeting with the Heads of Lloyds Market Association Mr Neil Roberts and Mr Andrew Moulton at Lloyds Association Head Quarters in London, says a press release received here today from London. The Pakistan delegation apprised the Lloyds Association regarding the problems faced by Pakistani businesses due to high insurance premiums incurred on account of inclusion of Pakistan in the High risk category by the Joint War Committee (JWC) of the Lloyds association. The Association was informed that the decision of JWC is based on outdated data. As per the situation on the ground and the current data of relevant risk parameters Pakistan is fully eligible to be excluded from the high risk category. Mr Neil Roberts and Mr Andrew Moulton appreciated the concern of Pakistani delegation and informed that they will ensure the establishment of contact between Hermenius which collects data for JWC and the Pakistan side and also take up the issue at the quarterly meeting of JWC.
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