Personal tools

Skip to content. | Skip to navigation

Sections

Join the conversation on Linkedin  Follow us on Twitter  Watch LLDCN on Youtube  Like us on Facebook
 
You are here: Home → Archive → 2009 → October → Weekly Edition 8th of October 2009 → Cargo underwriters bear brunt of trade depression

Cargo underwriters bear brunt of trade depression

by Jerry Frank, Bruges — last modified Oct 08, 2009 04:10 PM

CARGO insurers have been hit hard by the world recession and expect 2009 data, when it makes the light of day, to show further profit deterioration.

The International Union of Marine Insurance (IUMI) conference last month heard that cargo underwriters after a decade of expanding their capacity to meet the demand for seaborne trade are heading towards a substantial erosion of earnings.
IUMI facts and...

This full article is available to Lloyd's List DCN subscribers only.

If you are already a subscriber, please sign in below.

If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.

Alternatively, click here to subscribe.

Please log in

Forgot your password?

If you have forgotten your password, click here to retrieve it.



Document Actions

 







 

 
  • © Lloyd's List Daily Commercial News