Global 2023 marine premiums hit $38.9bn and London increases hull share: Iumi
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Global 2023 marine premiums hit $38.9bn and London increases hull share: Iumi

There has been an exodus of hull premium from the London market to Nordic carriers since 2014.

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Global marine insurance premiums grew by 5.9% to $38.9bn in 2023, driven by a combination of increased insurable volumes and improving rate, according to the International Union of Marine Insurance (Iumi).

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