Maritime insurance in light of the “Corona” crisis.
Decreased premiums and expectations of higher losses. Although marine insurance is considered one of the most important sectors of insurance due to the high price of its total premiums, its passing through crises time after time led to a decline in the size of its premiums, and a decrease in its growth rates compared to other sectors, and on top of these crises the outbreak of the Corona epidemic, which caused a decrease in movement Trade, which affected the insurance sector in a large way, especially the maritime transport insurance, which suffered during the last period and before the outbreak of the epidemic from the decline in maritime transport.