The Melbourne Marine Insurance Forum will discuss regional and global trends when it meets tomorrow.

Starr Companies Marine Manager for Australia and New Zealand Jill Murphy will discuss last month’s International Union of Marine Insurance conference in Hong Kong, where delegates heard global marine premium fell 1.7% last year to $US34.2 billion ($39.12 billion).

Trade volume is increasing, but cargo and hull premiums are stagnating.

The Asia-Pacific region accounts for about 25% of the global marine premium market.

The forum will be held at QBE’s offices at 11am. To attend, contact forum secretary Simon Farmer at simon.farmer@qbe.com.