{
  "id": 9308789,
  "title": "Marine insurance supply remains stable as geopolitical and technical changes reshape the market, says IUMI President",
  "url": "https://urgent.news/2026/09/23/marine-insurance-supply-remains-stable-as-geopolitical-and-technical",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T10:00:59.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/marine-insurance-supply-remains-stable-as-geopolitical-and-technical-changes-reshape-the-market-says-iumi-president-2/"
  },
  "original_language": "en",
  "account": "The global marine insurance market is currently stable, with premium growth supported by a weak USD in hull and cargo insurance. The International Union of Marine Insurance (IUMI) President, Frédéric Denèfle, addressed this during the IUMI annual conference in Rotterdam. While the market is performing well, Denèfle warned that insurers must remain vigilant to the geopolitical, technical, and market changes reshaping global trade. Hull and cargo markets have shown premium income growth, although the offshore energy sector remains subdued. US trade tariffs have not caused anticipated disruptions, and the world economy remains resilient. However, increased war risks, new competition from additional capacity, and inflationary pressures introduce significant uncertainty. Despite these challenges, marine insurers continue to provide coverage in high-risk regions. The changing geopolitical landscape will influence future global trade and risks, prompting insurers to prepare for tomorrow's trades and emerging routes. Marine insurers must also play a leading role in supporting the decarbonisation of shipping, embracing technology, and data standards to potentially offer fully digitised and standardised global cargo insurance certificates. Despite the pace of change, Denèfle emphasized that the marine insurance sector remains strong, agile, and ready to adapt.",
  "summary": "The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period of significant change driven by geopolitics, new trade routes, digitalisation and the transition to a lower-carbon shipping industry. Opening the International Union of Marine Insurance ...",
  "key_points": [
    "Global marine insurance market stable with weak USD support",
    "IUMI President Frédéric Denèfle warns of geopolitical and technical changes",
    "Insurers adapting to decarbonisation and digitisation trends"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}