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In 2021, the positive trend of the marine insurance market continued, but the scenario is changing
Seltmann (IUMI): Marine insurers are dealing with extremely complex issues
September 20, 2022
IUMI announced that in 2021 57.4% of the value of premiums was relevant to the segment of the covers of the goods transported (57.2% in 2020), 23.5% in the body sector (23.8% in 2021), 11.8% to the offshore energy segment (12.1%) and 7.3% to the marine liability segment (6.8%).
At the regional level, in 2021 the total value of the prizes is result divided between 47.2% for Europe (47.7% in 2021), the 29.3% for Asia-Pacific (29.3%), 10.3% for Latin America (9.3%), 7.7% for North America (7.7%) and 5.5% for the others regions (6.0%).
"With reference to the profits made in 2020 - he commented Astrid Seltmann, Vice-Chair of the Facts & IUMI figures - 2021 was another positive year for marine insurers. It was the year in which the World trade has experienced a timid recovery, the awards are increased, the impact of claims was limited and, of as a result, there was an improvement in incidence of the leftfulness. However - seltmann specified - this the situation is mitigated by the economic uncertainties that today the world is facing. We are illustrating this data at a time in which several shocks have hit an already global economy weakened by the pandemic: there is no end in sight for the war in Ukraine, the soaring rise in energy costs and of global inflation, the gloomy outlook for the trade and the possibility of further related disruptions to the climate and the pandemic. Maritime insurers - highlighted - they are facing extremely complex issues."
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IUMI announced that in 2021 57.4% of the value of premiums was relevant to the segment of the covers of the goods transported (57.2% in 2020), 23.5% in the body sector (23.8% in 2021), 11.8% to the offshore energy segment (12.1%) and 7.3% to the marine liability segment (6.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
