English
Français
According to a report from the International Union of Marine Insurance (IUMI), the global marine insurance market generated 42.6 billion USD in turnover in 2025, with premium volume rising by 5.5% year-on-year.
Europe remained the largest regional market, accounting for 46.5% of global premiums in 2025. It was followed by Asia-Pacific with 30.8%, Latin America with 10%, North America with 7.2%, the Middle East with 3.5%, and Africa with 2%.
By class of business, marine cargo and freight insurance accounted for the largest share of global premiums at 56.9%.
Hull insurance represented 24.7%, followed by offshore energy at 11.1% and marine liability, excluding P&I, at 7.3%.
