IUMI

Global Marine Insurance Premiums Rise By 1%, But Future Market Development Remains Uncertain

IUMI – the International Union of Marine Insurance – presented its analysis of the latest marine insurance market trends at this week’s annual conference in Toronto, Canada. Marine underwriting premiums for 2018 were recorded at US$28.9 Billion which represents a single percentage point rise from 2017. With significant challenges facing the market, the modest increase is not significant to herald…