The International Union of Marine Insurance (IUMI) has published its IUMI Stats Report for the year. The report notes that 2021 saw a robust macroeconomic recovery, but in 2022 worries about inflation and recession were gathering. Global marine insurance premiums in 2021 reached $33bn, up 6.4% on 2020. Premiums were lifted by increased global trade…
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Author: Capt. John