Global marine insurance premiums grew 5.5% to $42.6 billion in 2025 - IUMI

Global marine insurance premiums grew 5.5% year-on-year to $42.6 billion in 2025, driven by a weaker US dollar, according to International Union of Marine Insurance (IUMI) data. Hull premiums rose 9.4% due to global fleet expansion, while cargo premiums increased 6.9% despite declining rates.