Marine Insurance Premiums Expected To Hit $12.7B

Wednesday, September 13, 2000
Marine insurance premiums are expected to total around $12.7 billion for 1998, and about $10.7 billion for 1999, Tore Forsmo, managing director of Norway's Central Union of Marine Underwriters (CEFOR) said. The figures compare with $13.1 billion for 1997. Forsmo was speaking on the opening day of the International Union of Marine Insurance (IUMI) 2000 conference in London. Forsmo said the following reported figures represent around 95 percent of the total marine premiums written by all IUMI members for 1998, and about 79 percent for 1999, representing 44 out of the 54 associations that had reported by the end of August 2000.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Continership Alliance Expands to US Trades

The CKYHE Alliance (COSCO, "K" LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has announced they will expand their cooperation scope to U.S. Trades and CKYHE

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0760 sec (13 req/sec)