Global marine insurance market reaches $42.6 billion amid rising shipping risks

Global marine insurance market: vessel earnings and ClarkSea Index, 2005–2026

The global marine insurance market reached USD 42.6 billion in premiums in 2025, up 5.5% year-on-year, although increased competition, currency movements and persistent claims pressures continued to challenge insurers. Cargo insurance premiums reached USD 24.2 billion, while ocean hull premiums increased 9.4% to USD 10.5 billion. The latest annual assessment examines developments across marine cargo, hull and offshore energy insurance, […]

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