The marine insurance market has experienced uncertainty in recent years thanks to geopolitical uncertainty, shifting trade patterns, new environmental regulations, climate change and the COVID-19 pandemic.(Photo: EvrenKalinbacak/Adobe Stock)
The global marine insurance market reached $26.383 billion in 2020 and is expected to grow to $33.9 billion by 2028, Allied Market Research reports.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
