IUMI

Global Marine Underwriting Premiums Down 10.5 Percent Last Year

September 20, 2016

Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.

Rough Seas Predicted for Offshore Energy Insurance Market

September 18, 2015

IUMI

Speaking at this year's International Union of Marine Insurance conference in Berlin, Simon Williams, chairman of IUMI's offshore energy committee, reported continuous growth in the sector with 2015 capacity reaching around $7bn, although he cautioned that $5.5bn was more realistic.

Marine Cargo Insurance Market Rocked by Large Losses, Especially Tianjin

September 17, 2015

IUMI

Large cargo losses are having a significant impact on the marine insurance sector, says Nick Derrick, chairman of International Union of Marine Insurance's cargo committee. He spoke in Berlin, at IUMI's annual conference.