The International Union of Marine Insurance (IUMI) has released its 2024 “Stats Report,” providing a detailed analysis of the global marine insurance market. The report highlights significant growth in marine…
IUMI
Houthi attacks continue, but don’t stop Red Sea trade
Major strikes on Houthi infrastructure in Yemen carried out by the U.S. and U.K. on February 3, seemed to have brought a two day pause in the Iran-backed group’s attacks on merchant shipping, but by yesterday the attacks had resumed, continuing to have a dampening effect on Red Sea trade.
Iranian-Backed Houthi Terrorists conduct Multiple Anti-Ship Ballistic Missile Attacks in the Southern Red Sea and Gulf of Aden:
On Feb. 6, from approximately 1:45 a.m. to 4:30 p.m. (Arabian Standard Time)...
Diversity and inclusion in the marine insurance community
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During this year’s annual conference held in Edinburgh, the International Union of Marine Insurance (IUMI) took the opportunity to explore and debate the question of diversity, equity, inclusion and … |
https://maritime-professionals.com/diversity-and-inclusion-in-the-marine-insurance-community/
Total marine insurance premiums hit US$35.8 billion, says IUMI
All lines of insurance business hit a top of US$35.8 billion in the last calendar year, the International Union of Marine Insurance has revealed int its latest analysis. Global income […]
The post Total marine insurance premiums hit US$35.8 billion, says IUMI appeared first on Shipping Australia.
https://www.shippingaustralia.com.au/total-marine-insurance-premiums-hit-us35-8-billion-says-iumi/
Shipping’s move to bet-zero is welcome but new risks must be understood
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IMO’s recent strengthening of its environmental ambitions heralds a significant turning point for the shipping industry and, consequently, a heightened impact on marine insurers. In his workshop to close … |
Loss prevention measures must adapt as shipping innovates
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Shipping continues to innovate in terms of vessel capacities, greener technologies and more modern operating practices. At the same time, the way that goods are being carried, particularly unitized … |
https://maritime-professionals.com/loss-prevention-measures-must-adapt-as-shipping-innovates/
Don’t get caught out by fraud and never let crime pay
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A recent, high-profile fraud case has highlighted a number of issues that marine insurers should recognise and learn from if they are to continue to provide a comprehensive service … |
https://maritime-professionals.com/dont-get-caught-out-by-fraud-and-never-let-crime-pay/
Maritime Insurance is “Strength and Stability in Turbulent Seas”
IUMI President characterises marine insurance market as “strength and stability in turbulent seas”, mentions an IUMI news source.
International Union of Marine Insurance (IUMI) annual conferenceOpening this week’s International Union of Marine Insurance (IUMI) annual conference in Edinburgh, Scotland, President Frédéric Denèfle expands and explains the conference common theme of “strength and stability in turbulent seas”.
Discussing current turbulence, he began by...
https://mfame.guru/maritime-insurance-is-strength-and-stability-in-turbulent-seas/
Maritime Insurance is “Strength and Stability in Turbulent Seas”
IUMI President characterises marine insurance market as “strength and stability in turbulent seas”, mentions an IUMI news source.
International Union of Marine Insurance (IUMI) annual conferenceOpening this week’s International Union of Marine Insurance (IUMI) annual conference in Edinburgh, Scotland, President Frédéric Denèfle expands and explains the conference common theme of “strength and stability in turbulent seas”.
Discussing current turbulence, he began by...
https://mfame.guru/maritime-insurance-is-strength-and-stability-in-turbulent-seas/
IUMI: Marine insurance premiums hit $35.8 billion in 2022
Marine insurance premiums across all categories rose to $35.8 billion in 2022 — and the general trend is upwards. Those were two of the facts that emerged today when the International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its annual conference in Edinburgh, Scotland.
All lines of business reported an uplift in their global premium base for 2022 with the total reaching $35.8 billion, representing an 8.3% increase on the previous...