Gallagher suggests there is an uncertain outlook for 2026
Paul Lucas Nov 10, 2025Marine insurance traditions are being upended as a new wave of shipboard fires forces insurers to rethink risk from the hull up
Ship ablaze, crew evacuated
However, mounting uncertainty from tariffs could be a problem
Industry leaders warn of profitability strains and the growing role of certain segments
New measures test accountability in global fleets
Rapid advances could leave behind those late to adapt
Overcapacity, shifting trade routes and an ageing fleet are reshaping the outlook for marine insurers
Industry leaders at the IUMI conference warn that new geopolitical realities are on the horizon
How will cargo shipping and trading in the Red Sea change in the future?