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International Insurance

IUMI: Hull rates now ‘unsustainable’

Fall comes despite small pick-up for marine lines as a whole, but some of this increase is attributable to the rise in the value of the US dollar

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Rates are thought to have hardened in recent months in London following pressure on syndicates by the Corporation of Lloyd’s to improve profitability

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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