While the main concern in combating piracy is freeing the crews, there are also some interesting insurance issues, some of which have yet to be made clear.
With now widespread use of armed guards on vessels, a ´knock for knock´ approach has been taken to insurance for crews and guards from private companies employed to protect them.
In each case the two parties pay their own insurance cost and insure their own.
What then happens if a crew member is injured in a friendly fire incident involving an armed guard or vice versa? Could one party end up having to pay out for something that was not his fault?
An interesting point.
