News

Reinsurers’ retreat leaves marine underwriters to sail alone in a sea of rising risks

By Jon Guy 2023-02-10T11:36:00

marine insurance, cargo

Marine insurance trade association confirms the sector ‘has much work ahead’ if it wants to keep pace with ongoing challenges

Marine insurers are facing a flood of challenges in the year ahead and will need to combat some of their most acute risks without the safety net of reinsurance cover, according to the International Union of Marine Insurance (IUMI).

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