Trend | Range | |
---|---|---|
Domestic hull and machinery, good loss records |
+7.5% to +10% | |
Domestic hull and machinery, poor loss records |
+20% or more | |
London/international hull and machinery, good loss records |
+10% to +15% | |
London/international hull and machinery, poor loss records |
+20% or more | |
P&I domestic |
+10% to +15% | |
P&I London/international |
+12.5% depending on individual club performance | |
Domestic primary marine general |
+5% to +15% | |
Domestic excess marine liability |
+10% to +20%, greater with underlying crew and towing exposure | |
London marine liability |
15% or more | |
USL&H mutual |
Flat to +5% |
The marine market remains firm, with underwriters still seeking increases on clean business while mandating cyber and communicable disease exclusions — for the first time on many policies.
Underwriting in the current environment is demanding.
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