Asia drives global cargo insurance growth but trade fragmentation reshapes risk landscape
Asian markets generated 60% of worldwide cargo insurance growth last year, but a new economic order is emerging in the region's shipping industry.
Singapore primary insurers see 30% rise in onshore claims as offshore profits climb in Q2
Marine hull premiums rose by double digits across both onshore and offshore business, with offshore underwriting profits seeing a 167% rise, as claims fell.
Multifold impacts from tariffs, trade barriers dominate IUMI discussions
Rising volatility in global trade and disruptions have led to risks that are hard to mitigate, said experts at IUMI.
IUMI 2025: dark fleet risks continue to grow amid sanctions and tariff pressures
S&P Global data reveals a surge in newly established shipping firms with hidden ownership structures.