Mapping marine insurance: a bibliometric review: a taxonomical study using bibliometric visualization and systematic analysis

Abstract

This study aims to identify the current trends in the literature on marine insurance by applying a bibliometric review of documents published in the Scopus database. This analysis was based on the most cited papers, most influential authors, countries, and organizations, as well as the most frequent keywords. In addition, qualitative content analysis was conducted. It reviewed 293 documents on marine insurance. Bibliometric analysis was performed using VOSviewer, and qualitative content analysis was performed using WordStat. The results identify three major clusters: (1) risk assessment, (2) marine insurance, and (3) the insurance industry. This paper also presents recommendations for future research in this field. The findings of this study have implications for marine insurance, such as new developments to be implemented in the insurance industry to enhance its efficiency. This study is the first to review marine insurance publications that can be largely used for insurance practices. This study provides an overview of how the literature on marine insurance research has developed, as well as a summary of the most influential authors, along with countries, organizations, and journal sources. This offers an opportunity for future research to focus on this topic.

keywords: Freight transportation; Marine insurance; Maritime transaction; Risk assessment; Risk management