All material subject to strictly enforced copyright laws. © 2022 Inside P&C is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies | Subscription Terms & Conditions

Rising demand for yachts faces hard market for mid-sized vessels

Aerial view of super yachts in harbor on the Mediterranean coast

As demand for yachts increases across the US, the recreational marine insurance space is stabilizing following years of a hardening market. But sources say that capacity for mid-sized vessels is still restricted, with pricing going up in the segment and carriers including tighter terms and conditions.