Product overview: Transport
A long-standing tradition of trading goods means that marine insurance is one of the oldest forms of insurance, with historians able to trace cover right back to the Phoenician traders in around 1000 BC. Methods of transporting goods have changed significantly since those early days on the sea, but it remains a valuable but challenging market.
A report, Marine Insurance Market Outlook – 2028, from Allied Market Research forecasts that the global marine insurance market will grow from US$26.83bn
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