Marine insurance premiums are influenced by vessel characteristics, cargo type and value, navigational risks, claims history, market conditions, and risk management practices. This insurance protects against loss or damage to vessels, cargo, and related liabilities, helping mitigate maritime risks. Working with experienced brokers aids shippers and vessel operators in making informed ... https://www.insurancebusinessreview.com/news/main-factors-influencing-marine-insurance-premiums-nwid-486.html