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No growth for Ocean Hull insurance premiums in 2018 but indications might suggest a modest recovery. No growth for Ocean Hull insurance premiums in 2018 but indications might suggest a modest recovery. IUMI (International Union of Marine Insurance) conference in Toronto, Canada heard from Rama Chandran, chair of IUMI's Ocean Hull Committee who reported zero change in the sector's global premium base in 2018. Global hull premiums were recorded at USD 7 billion which represented 24.4% of the tota.. 더보기
IUMI calls for more action to improve cargo theft prevention measures IUMI calls for more action to improve cargo theft prevention measures IUMI (the International Union of Marine Insurance) has published a revision of its position paper containing recommendations aimed at improving the prevention of cargo theft and countering this growing issue. Cargo crime has reached alarming proportions, and IUMI urges further steps to better facilitate the safe and secure flo.. 더보기
Marine cargo market characterised by "accelerating change" as underwriters take action to address continuing unprofitability, says IUMI Marine cargo market characterised by "accelerating change" as underwriters take action to address continuing unprofitability, says IUMI Speaking at today's IUMI (International Union of Marine Insurance) annual conference in Toronto, Canada, Sean Dalton, Chair of IUMI's Cargo Committee reported a 2.5% increase in 2018 global premiums to USD 16.6 billion. However, the increase was largely attribut.. 더보기