A container ship sailing on the ocean The marine insurance market has experienced uncertainty in recent years thanks to geopolitical uncertainty, shifting trade patterns, new environmental regulations, climate change and the COVID-19 pandemic.(Photo: EvrenKalinbacak/Adobe Stock)

The global marine insurance market reached $26.383 billion in 2020 and is expected to grow to $33.9 billion by 2028, Allied Market Research reports.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].