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Mid-Year outlook Insurance International

Marine insurance outlook in three words — more expensive still

Shipowners are looking at increased premiums in the order of 5%-10% this year for both P&I and H&M, a development that comes after similar annual rate hikes for the past year or two

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The current year has seen some major claims, not least Ever Given, but the secular trend towards better safety overall continues

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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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