It shouldn’t come as a surprise to anyone that marine insurers have experienced some very difficult years. A prolonged period of rate discounts, rising costs, attritional and catastrophe losses have all taken a heavy toll on the sector...

As developing economies are investing in building new and modernised infrastructure, Chris Hicks, Marine Cargo Underwriting Manager and Richard Stewart, Senior Underwriter, look at the challenges involved in underwriting large and complex cargos...