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IUMI 2019: not exactly good, but definitely less bad

The International Union of Marine Insurance meets in Toronto on Sunday for its annual conference, and while times are still tough, some see tentative grounds for optimism this year

‘Markets are challenged. Business hasn’t been profitable. Underwriters lose their jobs. Marine business is closed for certain or for all lines of business, and not only in London,’ IUMI secretary-general Lars Lange points out – but could we be on the cusp of a turnaround?

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