Marine insurance outlook in three words — more expensive still (source: Lloyd’s List)
Shipowners are looking at increased premiums in the order of 5%-10% this year for both P&I and H&M, a development that comes after similar annual rate hikes for the past year or two The current year has seen some major claims, not least Ever Given, but the secular trend towards better safety overall continues SIX … Continue reading Marine insurance outlook in three words — more expensive still (source: Lloyd’s List)
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