Aging Fleet and Geopolitical Tensions Drive ‘Soft’ Marine Insurance Market Despite Rising Premiums
The ocean hull insurance market is returning to a “soft environment” despite increasing premiums, according to Ilias P. Tsakiris, Chair of the
The ocean hull insurance market is returning to a “soft environment” despite increasing premiums, according to Ilias P. Tsakiris, Chair of the
The International Union of Marine Insurance (IUMI) has called for marine insurers to heighten their awareness of modern slavery and forced labor risks
Global marine insurance premiums in 2022 increased by 8.3% to $35.8 billion, driven by trade rebound, rising asset values, reduced market capacity, and premium
The International Union of Marine Insurance (IUMI) reports a positive trend in the marine insurance market, with an 8.3% increase in global premium base for
The International Union of Marine Insurance (IUMI) has published new recommendations on the safe carriage of electric vehicles (EVs) amid growing concerns
The International Union of Marine Insurance (IUMI), representing 44 national and marine market insurance and reinsurance associations, said underwriters have
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