Economic Growth and Specialization Bolstering Inland Marine Expansion: Best

The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to $24.5 billion in 2018 from $13.3 billion in 2009, according to a new AM Best special report. The Best’s Market Segment Report, titled, “Economic… Continue reading Economic Growth and Specialization Bolstering Inland Marine Expansion: Best

Aon Creates New Global Construction & Inland Marine Unit

Aon on Jan 1 renewals

Global insurance and reinsurance broker, Aon, has announced the combination of its Construction & Engineering and Inland Marine teams into a single practice within its Reinsurance Solutions operation. The new unit will be known as the Global Construction & Inland Marine practice group, and Aon states that its formation reflects recognised synergies in the separate… Continue reading Aon Creates New Global Construction & Inland Marine Unit