Cross border trade needs cooperation to enable it to work and marine insurance plays its part in facilitating that trade amidst a well understood set of international trading rules and agreements. Since the recent escalation in tariff policies, international trade has been faced with new levels of uncertainty. Insurers may be contingently affected but cannot directly influence state policy of this kind. With its broad membership, IUMI is cognisant that not all members will have the same views or be affected in the same way and it is therefore part of our role to articulate that diversity as needed.
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