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International Insurance IUMI

IUMI looks for ‘more positivity’ as marine premiums grow 1%

Marine underwriting premiums grew about 1% to $28.9bn in 2018, representing a single percentage point rise on the previous year, but probably not enough to offset increased technical losses, the International Union of Marine Insurance conference in Toronto heard

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‘The hull and cargo markets appear to have bottomed out and we are beginning to see a modest uplift, albeit from a low base,’ said facts and figures committee chair Philip Graham

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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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