Marine insurance pricing will get worse before it gets better, says Gallagher expert

Specialist advice from experienced marine insurance brokers is more important ever as the marine insurance market becomes more challenging, according to a Gallagher expert. In its latest market overview report, the brokerage noted that the combination of worst natural disaster losses in the history of insurance and unsustainable underwriting profits has led to rising marine insurance premiums over the course of 2018.

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