international union of marine insurance Archives

shining a light

Time to take action against container ship fires

November 28, 2019

Fire-fighting capabilities onboard container ships are deficient and there is a need to improve the safety of crew, environment, cargo and ships themselves.

Four steps to fight rising cargo theft

November 13, 2019

Cargo theft has reached alarming proportions, and further steps to better facilitate the safe and secure flow of goods within the global supply chain are needed.

Marine cargo underwriters take action to address continuing unprofitability

October 31, 2019

Marine cargo market is in a state of “accelerating change” driven by underwriters taking action to address unprofitable results.

MSC New York Panama cargo container at port

Cargo constitutes largest share of marine insurance premium

October 22, 2019

Marine insurance premium for cargo was reported to be USD 16.6 billion for 2018, representing a 2.5% increase on the 2017 result.

Global marine insurance premiums rise by 1%

October 17, 2019

According to the International Union of Marine Insurance, marine underwriting premiums for 2018 were recorded at USD 28.9 billion which represents a single percentage point rise from 2017.