Analysis

Marine insurers told they cannot leave clients all at sea with increased net zero ambitions

By 2023-09-26T06:00:00

marine shipping environmental

While the ongoing conflict in Ukraine loomed large, the challenges of climate change and technology were prominent pieces of the IUMI’s agenda

This year’s annual International Union of Marine Insurance (IUMI) conference, held last week (17-20 September 2023) in Edinburgh, opened as Ukraine sought to break the Russian blockade on the exports of grain and other products across the Black Sea.

While underwriters said they were waiting to see whether Russia would react, the maritime industry’s voyage to net zero remained a prominent challenge on the agenda.

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