NU Online News Service, Nov. 18, 11:16 a.m.EST

Marine insurers face a stormy market, battered by declines intrade, expansion of piracy, stalled capital markets and lowerinvestment returns, an insurance brokerage reports.

According to the analysis by Willis Group Holdings, for clientswith good loss records, rate increases have been minimal in mostmarine classes as values for insured assets have fallen.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.