marine insurance

American  

noun

1. ocean marine insurance.

2. inland marine insurance.

---

marine insurance British  

noun

1. insurance covering damage to or loss of ship, passengers, or cargo caused by the sea

---

Etymology

Origin of marine insurance

First recorded in 1795–1805

Example Sentences

In early March, London's marine insurance market widened the "listed" areas in the Gulf region.

From Barron's • Mar. 29, 2026

The collapse of a bridge in the US city of Baltimore will result in the largest single marine insurance loss ever, a British insurance marketplace said.

From BBC • Mar. 28, 2024

Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century.

From Reuters • Nov. 8, 2023

Odds and ends from the book — references to Cairo, the business of marine insurance — get new weight and a different context.

From Los Angeles Times • Mar. 24, 2023

You will have the machinery for marine insurance and for foreign banking.

From The Life and Letters of Walter H. Page, Volume II by Hendrick, Burton Jesse