Inflation driving cargo premium: Gallagher
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Inflation driving cargo premium: Gallagher

Samuel Casey
19 June 2023
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Inflation and the ongoing high prices of goods and commodities are increasing top-line cargo premium income and masking an overall depression in rating, according to a report from Gallagher.

The broker said most assureds’ premium spend was up to account for increased values, but an increase in available insurer capacity was leading to more competition and falling rates.

According

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