This insurance is extended to indemnify the Assured against such
proportion of liability under the contract oi affreightment ,,Both to Blame
Collision" Clause as is in respect ol a loss recoverable hereunder. ln the
event of any claim by shipowners under the said Clause the Assured
agree to notify the Underwriters who shail have the right, at their own cost
and expense, to defend the Assured against such claim.