View from the Top - Meeting the challenge of a new decade in marine

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The International Union of Marine Insurance holds its annual conference in Zurich this September, where it will be debating the common theme of ‘Meeting the challenge of a new decade’.

Last year, the conference contemplated the depth of the economic downturn and its impact on world trade, with thousands of ships laid-up without work. In the intervening period, a glut of largely

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.