Inflation driving cargo premium: Gallagher
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Inflation driving cargo premium: Gallagher

container-cargo 2921882_1920.jpg

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

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article