Intermediary and Broker support

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Intermediary and Broker support

The shape of shipping: Cargo insurance in 2020

Today, the cargo market is in a state of distress and correction, with Lloyd’s issuing a directive to its syndicates to improve their profitability or exit the market. Produced by AXA XL, this article focuses on the state of the cargo insurance market in 2020 and the challenges faced by carriers.