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Marine insurance premiums continue to decline

Disproportion between premium earnings and the obligation to cover sizeable losses is a concern for marine insurance companies after a new decline in income in 2016.
Photo: Carlos Osorio/AP/Polfoto
Photo: Carlos Osorio/AP/Polfoto
by OLE ANDERSEN

Marine insurers' underwriting premiums continue to decline, according to new numbers published by the International Union of Marine Insurance (IUMI).

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