Covid-19 impact still to be measured by marine insurers

For the first time the International Union of Marine Insurance held its annual conference virtually. Liz Booth listened in to hear that the impact of Covid-19 is ongoing and impossible to predict

Marine underwriting premiums for 2019 were estimated to be US$28.7 billion, which represents a 0.9 per cent reduction from 2018, delegates to International Union of Marine Insurance’s (IUMI) first virtual annual conference heard.