
Marine cargo underwriters take action to address continuing unprofitability
Marine cargo market is in a state of “accelerating change” driven by underwriters taking action to address unprofitable results.
Marine cargo market is in a state of “accelerating change” driven by underwriters taking action to address unprofitable results.
All contract documents are available immediately, so the load can be insured quickly and transparently.
Insurance rates for tankers transiting through the world’s most important oil choke point have skyrocketed 10-fold in recent weeks.
Large shipping losses are now at their lowest level this century having declined by over 50% year on year. The South China, Indochina, Indonesia and Philippines maritime region remains the top loss location.
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