1、#IUMI2024Global Marine Insurance ReportAstrid SeltmannCefor analyst/actuary&IUMI FF vice chair astrid.seltmanncefor.no#IUMI2024Berlin TeaserPhotos:Astrid SeltmannBerlin Bear Berlin bears.Wall Art Wall art.History Architecture Culture.Diverse Colourful!#IUMI2024ContentsIssues 2024Global marine insura
2、nce marketP&IOffshore energyCargoHullSpecial issuesThe 2024 oracle#IUMI2024Issues 2024Post-pandemic trendsWar(Challenge to quantify,partly included in standard covers,partly with specialised war insurers)Climate change/Nat-catValue aggregationFiresInflation(Various effects:cargo and vessel values,en
3、ergy/fuel costs,claims cost)ESG/sustainability/emission reductionVessel rerouting#IUMI2024Please note&DisclaimerFigures reflect the 2024 state of reporting.Figures include estimates for a number of countries.Data for previous years often adjusted retrospectively.Data is reported to the degree possib
4、le according to the agreed IUMI definitions(see here)but may not be consistent across countries.For comparison between years,use the updated premium/loss ratio data as of 2024!1)Comparing this years presentation to last years presentation may lead to wrong conclusions as it ignores the retrospective
5、 update of figures.Focus is on identifying market trends.Absolute figures are subject to error margins(reporting backlog,retrospective adjustments,wrong in-/exclusion of portfolios).All information given is of informational and non-binding character.Figures related to the marine markets performance
6、reflect market averages.They do not disclose single units results.As with all averages,individual units may out-or underperform compared to the average.IUMI aims to provide information as available and raise consciousness for the importance of a fact-based evaluation of the risk exposure covered and