Gallagher says Lodestar’s income has grown more than 50% but average premiums per gross ton (gt) declined by 2.2%. The broker suggests Lodestar’s market relationships and broker support had enabled it to balance competition and underwriting discipline.

Hydor is the other big winner, making an 80% premium gain, an 8.6% increase in tonnage and a near 66% hike in average premium per gt to move up a position to eighth biggest in the fixed-premium market.

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