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International

Mismatch between premiums, risks could hit insurers' profitability

September 19, 2018 Reprints

Germany-based International Union of Marine Insurance said that a mismatch between insurance premium income and covered risks could hamper marine insurers' profitability despite a rise in global marine premiums, The Maritime Executive reported. Marine premiums totaled $28.5 billion in 2017, up 2% from 2016.

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Mismatch between premiums, risks could hit insurers' profitability

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