A hull means the body of the vessel and that is exactly what is covered by this insurance policy. The insurance provides financial protection in case of any damage to the vessel’s body (hull) and or the machinery due to risks covered by the policy.
Global InsurTech Funding in Q1 2024: Role of AI in Insurance
Global InsurTech funding fell to USD912.25 million in Q1’2024, the lowest since Q1’2020. The industry saw no quarterly USD100 million+ mega-round deals
Forum for Insurance Transition to Net Zero Scales Up Climate Action by Insurers
Forum for Insurance Transition to Net Zero (FIT), a new UN-led and convened structured dialogue and multistakeholder forum
Primary & Secondary ILS Market Quarterly Review
Insurance-Linked Securities Overview. Insurers and reinsurers leveraged alternative capital in 2023 more than any year in the history of the (re)insurance market
Reinsurance Renewals at April 2024 by Regions: Capacity & Trends
Reinsurance renewals conditions since 1/1 have continued to move in favor of reinsurance buyers. At the start of last year, property catastrophe capacity was constrained
