Cargo Insurance: Safeguarding Shipments in an Era of Global Trade...

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2024-04-08 15:15:17 -

Cargo Insurance: Safeguarding Shipments in an Era of Global Trade Expansion

The global cargo insurance market is poised for significant growth, with estimations suggesting a rise from US$ 65.3 billion in 2022 to approximately US$ 87.2 billion by the end of 2031, representing a Compound Annual Growth Rate (CAGR) of 3.4% over the forecast period from 2023 to 2031. This surge is primarily attributed to a myriad of factors including the escalating global trade, burgeoning...

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