Global marine insurance premiums in 2022 totalled USD35.8 billion- an 8.3% uplift on 2021

This document reports on the health of the marine insurance sector within the framework of the global economy, trade and shipping. Data is gathered from a number of agencies including IUMI’s own sources and is analysed and presented with some additional commentary. Global marine insurance premiums in 2022 totalled USD35.8 billion- an 8.3% uplift on 2021. The post-pandemic rebound in trade, increased asset values, reduced market capacity and an adjustment in premiums were all likely to have exerted an influence. European markets continued to enjoy growth whilst some Asian markets had slowed due to a range of economic factors. Source: […]