Biggest UK marine insurers report rosier set of results

Several of the biggest names report strong results in the 2023/24 financial year due to fewer claims, particularly of more than USD 1m.

West P&I chief executive Tom Bowsher | Photo: West P&I

by NIDAA BAKHSH

Several marine insurers in the UK have published a better set of full-year results than the previous 12 months due to a relatively ”benign” year in terms of large claims.

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