The global ocean hull insurance market is continuing to soften despite apparent growth in the overall premium base, according ...
The International Union of Marine Insurance (IUMI) has elected Sean M. Dalton as its new President. The election took place today at a meeting of the IUMI Council in Rotterdam, during the ...
Global marine insurance premium income increased by 5.5% in 2025 to USD 42.6 billion, according to the latest market analysis ...
The Checklist was developed by IUMI members, including former seafarers, to help insurers incorporate concrete data on crew welfare considerations into their underwriting, risk modelling and ...
While progress has been made to improve vessel design and technology, the safe operation of a ship and a successful voyage still ultimately depend on the people onboard. A growing body of research ...
Marine insurers will need to place greater emphasis on loss prevention as risks become more complex and costly to insure, according to Pascal Dubois, Chair of the International Union of Marine ...
The London market, comprising Lloyd’s and the International Underwriting Association (IUA), continued to dominate, accounting for approximately 60% of global offshore energy premium, a share that ...
At its annual conference in Rotterdam today, the International Union of Marine Insurance (IUMI) discussed whether freight forwarding liability insurance should become a greater focus of its work, ...
The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period of significant change ...
Marine insurers are at the heart of managing war risks to global shipping and must continue to develop the tools needed to support and facilitate international trade in increasingly challenging ...