International Union of Marine Insurance
The International Union of Marine Insurance e.V. (IUMI) is a non-profit association established for the purpose of protecting, safeguarding and advancing insurers' interests in marine and all types of transport insurance. It also provides an essential forum to discuss and exchange ideas, information and statistics of common interest for marine underwriters and in exchange with other marine professionals. IUMI currently represents over 40 national and marine market insurance and reinsurance associations. IUMI’s roots date back to 1874. Source: LinkedIn
How did marine insurance premiums fare in 2023?
How did marine insurance premiums fare in 2023?
Europe and Asia showed strong development in the cargo insurance market.
International Union of Marine Insurance release advice on proper handling of EVs
The report is to advise on early fire detection and quick solutions.
Global cargo insurance premiums reached $17.2b in 2020
Outlook for 2021 however looks bleak.