International Union of Marine Insurance (IUMI) president Frederic Denefle will host hundreds of marine underwriters at its annual conference in Edinburgh over the weekend at what he believes is a time of change for the industry.

The volatile geopolitics impacting the industry are all too clear to him as the chief executive of French war risk underwriter Garex.

Unravelling the complexities of the Ukraine conflict and growing tensions off Taiwan have been key concerns over the past year.