Lou Smith and Matt Lambert
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TEST 2 CMA CGM results dip in second quarter vs first quarter despite spot-rate rise
Second-quarter results of CMA CGM highlight how changes in spot-rate indexes do not necessarily translate into carrier average rates and profits. The substantial increase in spot index levels in 2Q24 compared to 1Q24 is not apparent in CMA CGM’s results
Viewpoint: How to balance automation and the human touch
While algorithms cut out many time-consuming parts of the underwriting process, human decisions remain key, with only policies that meet specific criteria presented to the experienced and knowledgeable underwriter