Hull and cargo losses come in below average in benign 2021: Iumi
Cargo and hull losses came in below medium-term averages in 2021, and loss ratios continued to improve, according to a statistics report from the International Union of Marine Insurance (Iumi).
Hull claims amounted to $1.2bn in 2021 compared with an average of $1.6bn for 2013-21.
Meanwhile, cargo claims only came to $495mn, below the 2013-17 average of $1.4bn
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