Marine premiums up 6.1% to $30bn in 2020: IUMI
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Marine premiums up 6.1% to $30bn in 2020: IUMI

Rachel Dalton
07 September 2021
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Marine insurance premiums increased by 6.1% to $30bn in 2020, with cargo business comprising the largest share at 57.2%, according to the International Union of Marine Insurance (IUMI).

In a report presented at the union’s annual conference, IUMI said the market in 2020 had presented positive developments for most marine insurance lines except P&I, and from most geographic regions.

The

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Rachel Dalton
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