Times columnist Matthew Parris has waded into the piracy debate – labelling the insurance industry as a profiteering racket which encourages Somali lawlessness to continue.
Parris blames the insurance industry as the “hidden cause” behind the growth of Somali piracy. A supposition based on the “fact” that as the greater part of maritime insurance is British, but very few British merchant seamen will ever be affected, insurers see the risk of the occasional loss
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