国际海上保险联盟（IUMI）：2025年全球海上保险市场分析报告（英文版）（46页）.pdf

1、IUMIs 2025 analysis of the global marine insurance market 1 Introduction 2 Highlights 4 In context 12 Marine insurance 14 Global marine cargo insurance 20 Global marine hull insurance 28 Global offshore energy insurance 34 Major claims database 38 Hull Inflation Index 40 Notes 42 Facts&Figures Commi

2、tteeContentsIUMI Stats 20251We are pleased to present our Stats Report for 2025.Overall,the 2024 marine insurance year was relatively stable but now faces some strong headwinds,with geopolitical and trade tensions creating an unprecedented level of uncertainty across global trade.While growth in sea

3、borne trade has slowed partly due to tariffs and a normalisation following the extraordinary demand surge in 2024 it is encouraging to see growth in cleaner fuel volumes outpacing those of fossil fuels.Whilst tariffs are having an impact,put in context,they are currently affecting less than 4%of glo

4、bal trade.However,future impact remains to be seen.Interest rates globally have already started to fall and the consequent reduction in inflation will likely impact overall profitability for most insurers.Similarly,the weakening US dollar will squeeze top line premium income and add to claims costs

5、for those insurers paying out in non-US dollar currencies.At the same time,an ageing global fleet presents growing challenges,from machinery failures to increased maintenance demands and seafarer well-being.Claims were relatively benign in 2023 and 2024 but 2025 has seen an uptick particularly in gr

6、oundings,large vessel fires and,of course,war-related losses.The relatively weak oil price continues to impact offshore energy prices and,consequently,insurance premiums.There has been a substantial pull-back in capital expenditure,particularly in the Middle East.Weve also seen a dip in investment i