Fall Cargo Corner 2025
As we move through 2025, the global cargo insurance market is undergoing a notable transition. While some regions are benefiting from disciplined underwriting, the broader market remains under strain due to rising accumulation risks at mega ports, ultra-large container vessels, and increasingly complex supply chains. The influx of new capacity, particularly from MGAs, has led to heightened competition and softening rates. This dynamic is creating a more flexible environment for insureds, but also one that demands strategic navigation.
Cargo theft continues to rise, with organized crime adapting rapidly, and geopolitical tensions, especially in the Red Sea and Persian Gulf, are influencing war risk pricing. Additionally, the blurred lines between marine and property insurance, especially in Stock Throughput policies, and the rise of digital logistics introduce new vulnerabilities like cyber threats and business interruption. As underwriters, we encourage agents and clients to start renewals early, maintain strong relationships with carriers, and provide comprehensive risk data to ensure optimal coverage in this evolving landscape. The market may be softening, but at Great American Insurance Group, we’re committed to helping navigate changing tides. We deliver seasoned expertise, customized coverage, and underwriting you can trust to keep your cargo journey steady.