Hull insurers bracing for rising claims costs in coming months: Gallagher
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Hull insurers bracing for rising claims costs in coming months: Gallagher

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Marine hull claims costs are likely to rise in the coming months due to inflation and a rebound in shipping activity, according to a report from Gallagher.

Gallagher said it was “hard to escape” conversations about inflation, and there was a “very real concern increasing claims costs are inevitable” amid soaring charges for labour and steel.

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