International Union of Marine Insurance (IUMI)

How has marine insurance performed over the past 18 months? Tune into our latest podcast to get an update on the recently published IUMI statistics and analysis covering global premiums, loss ratios, market commentary and more. We feature Jun Lin, Chair of our Facts & Figures Committee and Veith Huesmann our Chief Analyst. Together, they discuss the health of marine hull, cargo and offshore energy insurance amidst global change and uncertainty. Don’t miss it! https://lnkd.in/eRxYc5bU

IUMI Secretary General Lars Lange today concludes his chairmanship of the International Quality Assessment Review Body (IQARB). IQARB is an advisory body that has been established to review the certification process of the quality management systems of members of the International Association of Classification Societies (IACS). Marine insurers rely on classification societies’ expertise and judgement, therefore Lars' central involvement in the establishment of IQARB since its inception in 2019 has been important for IUMI and the wider maritime industry. We wish incoming IQARB Chair Thomas Klenum every success and look forward to staying engaged as an ordinary member! For more information about IQARB visit: https://iqarb.org/

Registration for our first Masterclass Cargo Insurance in Asia is now open! Join us from 14-17 April 2026 in Singapore for to get a deep-dive into core concepts of this class of business: 🔹 Contracts of affreightment 🔹 International programmes 🔹 Coverage extensions 🔹 Risk accumulation 🔹 Loss prevention and claims 🔹 ESG/sustainability 🔹 Geopolitical aspects This unique qualification programme has been designed by cargo insurance specialists and will be delivered by top level industry experts. In addition to the interactive learning sessions, we will visit the Port of Singapore Innovation Centre and enjoy two evening events for additional networking opportunities. Find out more about the programme and register here: https://lnkd.in/dFqsqf4Z

Today we mark #WorldMaritimeDay! Our ocean is facing growing challenges: From plastic pollution and rising temperatures to acidification and overfishing. These threats are caused by us humans, which means we also hold the power to change course. Hear from International Maritime Organization Secretary-General Arsenio Dominguez in his special World Maritime Day message under this year’s theme: “Our Ocean, Our Obligation, Our Opportunity”: https://lnkd.in/gUggxpyx

On Tuesday, IUMI’s Secretary General Lars Lange and Chief Analyst Veith Huesmann had the pleasure of welcoming a delegation from the Insurance Institute of Gauteng (IIG), South Africa, to the IUMI head office. Veith and Lars provided an overview of IUMI as an organization and shared insights to the current drivers of the marine insurance industry. The 16 visitors engaged in a lively discussion about the African insurance market and how IIG is strengthening its global connections. Many thanks to Wilmine Prinsloo and Monique Kleinschmidt for facilitating this event. Next stop for the group is the Oktoberfest in Munich – and we are already looking forward to hearing the best stories when they next visit Hamburg!

Our first Masterclass Hull Insurance is coming up in London and few seats are still available! The course is intended for senior maritime professionals who wish to deepen their knowledge of H&M insurance. The programme is structured around three core pillars: Technical, underwriting and claims. Throughout the course, our participants will discuss underwriting tools and market trends, and they will explore various strategic considerations during an interactive case study. Find out more and join us from October 28-31: https://lnkd.in/dtJv2Hdh Once you have completed the programme, we look forward to reuniting with our Masterclass alumni at the IUMI annual conference, just as we did recently in Singapore!

With increasing complexities in maritime trade, marine insurers must navigate a wide landscape of claims related to cargo, hull, pollution, personal injury, war, international regulations and contractual liabilities. Charterers are at the centre of the shipping operation and face significant exposure from multiple directions. Therefore, loss prevention in charterers’ liability is not only about minimizing claims – it is about understanding where risks originate from and taking proactive steps to mitigate them. In our next webinar, Danielle Hofmans, Manager Claims at Charterama b.v. will discuss key risk factors in charterers’ liability, highlighting the common pitfalls in charterparties, the risks associated with different cargo types, the impact of poor vessel vetting and the evolving challenges of sanctions compliance and environmental regulations. The discussion with our participants will be hosted by Lucien Lesuis, Managing Director and Co-Founder of Charterama. Join us on September 24 and sign up here: https://lnkd.in/dQdGwQjs

This week's IUMI conference was dominated by discussions about geopolitical and trade tensions, and how these impact the shipping industry and marine insurers. News channel CNA spoke with IUMI Secretary General Lars Lange about the implications for shipping lanes from the Red Sea to the Black Sea: https://lnkd.in/dea-T22C

So, this was #IUMI2025! Five days packed with discussions in our Technical Committees; workshops shedding light on key issues, trends and developments; and of course the presentation of the global marine insurance report. On top, our members, IPPs, affiliates and expert speakers made the most of the networking and mingling opportunities in the vibrant city of Singapore. Heartfelt thanks to our wonderful hosts from the GIA Singapore who turned this conference in memorable event! Thank you also to all our Committee Chairs and members who put on such an outstanding conference programme. We would further like to sincerely thank our sponsors from 38 companies and organisations. Without your support, #IUMI2025 would not have been possible. And of course a big thank you to our delegates from around the world who travelled to Singapore from near and far to make this an extra-special IUMI conference! The baton has now been passed on to our hosts of #IUMI2026. Looking forward to reconnecting in Rotterdam next September: https://iumi2026.com/

Our final day in Singapore - take a look at some of the highlights