- News & Insights/
- Marine Hull & Machinery and War Risks Market Update – March 2017
Marine Hull & Machinery and War Risks Market Update – March 2017 FOO
Welcome to the March 2017 Arthur J. Gallagher Marine Hull and War Risks Market Report.
The main topic of discussion during the busy first few months of the year has been when the market softening will begin to slow. There are a wide range of views on this although the general consensus is that the insurance market is still favourable for buyers. The recent withdrawal of WR Berkley from Marine Hull insurance may be an indication of the ever reducing profitability in the sector and there is a good chance of further capacity reductions in the future as capital providers look for better returns elsewhere. In this report, we are pleased to present a guest article from Epsilon Hellas regarding recent
developments in the crewing sector. We hope that the insights provided here will be of interest to all those involved in shipping.
Click here to download the full report: Marine Hull & Machinery and War Risks Market Update – March 2017