Marine insurers' losses decline: Insurance Association
Posted On: Aug. 30, 2018 5:55 AM CSTData from the Nordic Association of Marine Insurers showed that insurers reported three losses exceeding $10 million in the first half compared with five such losses in the first half of 2017, The Maritime Executive reported. The largest loss so far this year totaled $25 million. Insurers barely received commercial hull and machinery damage claims related to hurricanes Harvey, Irma and Maria, the association added.