21 September 2016Insurance

Marine cargo insurers face reduced premium due to difficult market conditions

A strong US dollar and falling cargo values are the main reasons for the 9 percent reduction in global cargo premiums from 2014 to 2015, according to Nick Derrick, cargo committee chairman for the International Union of Marine Insurance (IUMI).

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Impact of AI will be as big as fire or electricity on humanity, says Arch Capital president

Lloyd’s market needs to embrace more risk, says CEO Tiernan

US specialty lines support Japanese insurers’ underwriting gains: Fitch

Exclusive: I-RE bets on captive gap in ‘overlooked’ US mid-market

Hull war premiums fall by more than half as peace deal holds — report

Mayflower addresses ‘new class of liability’ in Hadron partnership

Coastal carrier SafePoint pulls plug on $283m IPO without explanation

Hannover Re finds a new way to fund favourite insurtech cedant

Marine cargo insurers face reduced premium due to difficult market conditions

More on this story

Editor's picks

Editor's picks

More articles