The expansion of the Panama Canal transformed global trade, bringing growth opportunities to many parts of the globe. And one in every three of the ships that passes through it is insured by the London Market.
World trade is reliant on the shipping industry. For over 300 years, London has been helping maritime industries to protect their assets and safeguard their income as they transport goods across the oceans. And in that time, the London Market has built up a concentration of knowledge and expertise in marine risk.
That’s why today, maritime industries look to London to insure the heaviest container ships; the lightest pleasure craft; and everything in-between. The London insurance market makes it possible for maritime industries to prosper.