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Pirate attacks hard to cost

Cargo Ship with anti priate laser technology

The true cost of Somali pirate attacks on international shipping in the Gulf of Aden is still unclear, research by The Actuarial Profession has revealed.

It found that a lack of statistics on maritime piracy make the risk difficult to estimate. Neil Hilary, co-author of the report, said: "The information about the attacks issued by shipping owners is

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