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International Insurance Environment

Marine insurance sector faces turbulence from climate change

Claims arising from bad weather conditions will rise in the coming years, warns Standard P&I club. The club notes that there has been a 46% rise in weather-related disasters since 2000

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Standard P&I club warns that the frequency and ferocity of the storms are increasing year on year, causing much more damage and generating very large and complex claims for marine insurers

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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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